Prof G Markets · Wednesday, August 12, 2026
Nvidia has unveiled a significant financing effort to support the AI build-out, aiming to secure $500 billion through memorandums of understanding with six major asset managers. This capital will be lent to Nvidia's customers to fund data center expansion and chip purchases. Nvidia CEO Jensen Huang described AI chips as an investable asset class, while BlackRock CEO Larry Fink hailed the project as a new era of financial engineering.
“On Monday, Nvidia announced memorandums of understanding with six major asset managers to secure half a trillion dollars to fund the AI build out.”
“The firms will lend that capital to Nvidia's customers, helping them build more data centers and buy more chips.”
“BlackRock CEO Larry Fink called the project the beginning of quote, the next future for financial engineering.”
“And Nvidia CEO Jensen Huang said that AI chips have now become an investable asset class.”