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.
More from Venture
- Oracle down 12% in a week, nearly 50% off June high as OpenAI exposure spooks market — alvelda · 2026-10-16
- Anthropic IPO valuation expectations drop to ~$1.5T as Q3 revenue growth slows to 45% QoQ — scaling01 · 2026-10-16
- VC Brad Gerstner hypes AI on CNBC while his AI exposure sits at 3-year low — SumitGup · 2026-10-16
- Anthropic pre-IPO futures imply $1.9T+ while investors eye $1.5T entry — firstadopter · 2026-10-16
- Investors temper Anthropic IPO valuation expectations over revenue growth slowdown — Ok_Display_3159 · 2026-10-16
- Don't Let the Agent Grade Its Own Homework: What a Backtest Tool Should Return — QuanTradin · 2026-10-16