Nvidia and Six Finance Giants Assemble $500B to Turn Compute Into an Asset Class
The Verge AI · rss · 2026-08-19
The Verge examines Nvidia's new financial strategy: Apollo, BlackRock, Blackstone, Brookfield, Goldman Sachs and KKR are working with Nvidia to assemble $500 billion in financing, packaging compute as an investable asset class.
"This is really the first time that technology chips have become an investable asset class," Jensen Huang told CNBC. "These are revenue-generating assets now. They're productive, they're long-lived, they're fungible, they're flexible."
The piece adopts a wry tone ("Compute is an asset class!") to caution that this kind of financial innovation echoes recurring historical narratives — and carries real risks.
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