Nvidia gets $500bn from major investors to develop AI infrastructure
The money will be used to develop new data centres to house, operate, and cool miles of stacked computer chips that process AI data and actions.
Coverage by Political Leaning
See how different sides of the spectrum reported this story
Notable Quotes
"In AI, compute is revenue."
— Jensen Huang , Executive
"Compute has become a critical infrastructure asset."
— Joe Bae , Executive
"As we've scaled our approach to digital infrastructure, we've learned that delivery, not ambition, is the hard part."
— Scott Nuttall , Executive
"Modern compute has emerged as a scarce, mission-critical asset class."
— Jim Zelter , Executive
Key People
Jensen Huang is the CEO of Nvidia, a leading company in AI and semiconductor technology.
Jim Zelter is the president of Apollo, a lender managing over $1 trillion in assets.
Joe Bae is the co-CEO of KKR, a global investment firm.
Scott Nuttall is the co-CEO of KKR, managing a substantial investment portfolio.
Locations
All Coverage
The money will be used to develop new data centres to house, operate, and cool miles of stacked computer chips that process AI data and actions.
Similar Stories
Related coverage based on topic and tags
Nvidia to invest $1.5 billion in SB Energy under OpenAI data center deal - Reuters
Nvidia to invest $1.5 billion in SB Energy under OpenAI data center deal Reuters
August 17, 2026 at 01:03 PMNvidia scales back $250 billion OpenAI data center guarantee, WSJ reports - Reuters
Nvidia scales back $250 billion OpenAI data center guarantee, WSJ reports Reuters
August 14, 2026 at 11:49 PMNvidia eyes investing $3 billion in SB Energy under OpenAI data center deal, Information says - Reuters
Nvidia eyes investing $3 billion in SB Energy under OpenAI data center deal, Information says Reuters
August 15, 2026 at 08:16 PMAI firm Databricks valued at $190 billion as it bags $5 billion in funding - Reuters
AI firm Databricks valued at $190 billion as it bags $5 billion in funding Reuters
August 13, 2026 at 05:28 PMIndia's Larsen and Toubro secures AI data centre order worth up to $1.57 billion - Reuters
India's Larsen and Toubro secures AI data centre order worth up to $1.57 billion Reuters
August 13, 2026 at 06:15 AMBig investors hunt for tomorrow's AI winners as capex angst fades - reuters.com
Big investors hunt for tomorrow's AI winners as capex angst fades reuters.com
August 17, 2026 at 05:01 AM