By Fatima Gulzar
Publication Date: 2026-08-26 17:49:00
NVIDIA Corporation (NASDAQ:NVDA) is trying to turn its AI chips into an entirely new asset class. The company announced partnerships with six major financial firms, Apollo, Blackstone, BlackRock, Brookfield, Goldman Sachs, and KKR, to launch “compute financing platforms” aimed at raising more than $500 billion in outside capital for AI infrastructure. CEO Jensen Huang said Nvidia could backstop up to $125 billion, or 25%, of the potential deals.
Blackstone Inc. (NYSE:BX) President Jon Gray said on CNBC that AI compute will be seen as a “financeable asset class,” much like how mortgage lenders assess homes.
Why This Matters
Nvidia is trying to make Wall Street treat AI chips as bankable infrastructure right as skepticism about AI spending is rising.
That leaves a real tension: is this smart financial engineering that unlocks the AI buildout, or a sign the industry needs increasingly creative ways to keep the spending machine running?
The Bull and Bear Case: Nvidia
CEO Huang argues that because NVIDIA Corporation (NASDAQ:NVDA)’s hardware is broadly used and transferable across customers, lenders can reliably treat compute as a long-lived and revenue-generating asset rather than rapidly depreciating equipment. Nvidia widens the pool of buyers who can afford its chips without footing…