EconomyNvidia Taps Wall Street for $500 Billion Funding Commitment

Nvidia is working with major US investment firms to arrange $500 billion in financing for artificial-intelligence infrastructure. The partners named include Apollo Global Management, Blackstone, BlackRock and Brookfield Asset Management. Bloomberg’s Ed Ludlow is set to discuss the financing effort. Intel also raised $20 billion through an upsized share sale, exceeding by one-third the amount it had targeted when announcing the deal Monday morning.