Nvidia (NASDAQ: NVDA) is working with several of the world’s largest investment firms on a proposed $500 billion financing initiative aimed at supporting artificial intelligence infrastructure, according to a person familiar with the matter.

Apollo Global Management (NYSE: APO), Blackstone (NYSE: BX), BlackRock’s (NYSE: BLK) Global Infrastructure Partners, Brookfield Asset Management (NYSE: BAM), Goldman Sachs (NYSE: GS) and KKR (NYSE: KKR) are participating in the effort, the person said. An announcement could come as early as Monday.

The planned capital package would support infrastructure required for continued AI expansion, including semiconductor equipment, electricity generation and data centers, according to people briefed on the discussions. The initiative would pair Nvidia with private capital firms and investment banks at a time when AI infrastructure projects are requiring significant funding for computing systems and power capacity. Nvidia’s graphics processing units are widely used in data centers supporting AI model development and deployment.

Representatives for Nvidia, Apollo, Blackstone, Brookfield, BlackRock, Goldman Sachs and KKR did not immediately respond to requests for comment. The Financial Times previously reported details of the proposed partnership.

Several firms involved in the Nvidia discussions have already participated in large-scale AI infrastructure transactions.

Apollo and Blackstone joined Broadcom (NASDAQ: AVGO) in June to establish the AI XPV Platform. Apollo-managed funds and affiliates led an initial $35 billion financing package intended to support more than 20 gigawatts of computing capacity for AI laboratories through 2028. The initial financing is intended in part to support Anthropic’s previously announced expansion involving more than 1 gigawatt of computing infrastructure.

Brookfield separately announced a $100 billion global AI infrastructure program with Nvidia in November 2025. The program included plans for as much as $10 billion in Brookfield equity investment alongside capital from third parties.

BlackRock’s Global Infrastructure Partners has also participated in major data-center transactions. GIP, the Artificial Intelligence Infrastructure Partnership and Abu Dhabi-based MGX completed the approximately $40 billion acquisition of Aligned Data Centers in July. The transaction valued the data-center operator at roughly $40 billion. The proposed Wall Street financing initiative is separate from another large infrastructure partnership Nvidia announced with SK  Group in July.

Nvidia and SK Group outlined plans for more than $500 billion in investments spanning AI infrastructure and next-generation memory technology. As part of that initiative, SK Telecom plans to construct a 2-gigawatt AI factory using Nvidia’s Vera Rubin accelerated computing technology and DSX platform, with the first facility scheduled to begin operations in 2027.

SK Hynix (NASDAQ: SKHY), an SK Group company, also entered a long-term AI memory partnership with Nvidia covering the development and supply of next-generation memory products, including high-bandwidth memory. The companies said the collaboration is intended to support workloads including large-language-model training, agentic AI and physical AI.

About Nvidia

Nvidia Corp., (NASDAQ: NVDA) founded in 1993 and headquartered in Santa Clara, California, develops accelerated computing technologies used in data centers, artificial intelligence, gaming and professional visualization. Its products include graphics processing units, networking technology, computing platforms and software used to develop and operate AI systems.

At the time of publishing, Stocks.News does not hold positions in companies mentioned in the article