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“It was Huang Renxun who came to find us!” The six Wall Street giants team up with NVIDIA to unlock $500 billion: for the first time, compute power becomes an asset eligible for collateralized loans…
Revisiting AI compute power:
On Monday in U.S. Eastern Time, $NVIDIA (NVDA.US)$ announced that it has signed a memorandum of understanding with Apollo, Bayard, Blackstone, Bowring, Goldman Sachs, and KKR, respectively, to build an AI compute infrastructure financing platform for customers, aiming to unlock more than $500 billion in third-party capital.
Then, the executives from these seven companies appeared together on CNBC’s live broadcast for a joint interview with host Becky Quick.
These institutions usually compete with each other, so opportunities to appear together are extremely rare. But this time, Huang Renxun proactively came calling. David Solomon, the chairman of Goldman Sachs, confirmed this very straightforwardly. Moreover, none of the six institutions Huang Renxun contacted refused him.
On Monday in U.S. Eastern Time, $NVIDIA (NVDA.US)$ announced that it has signed a memorandum of understanding with Apollo, Bayard, Blackstone, Bowring, Goldman Sachs, and KKR, respectively, to build an AI compute infrastructure financing platform for customers, aiming to unlock more than $500 billion in third-party capital.
Then, the executives from these seven companies appeared together on CNBC’s live broadcast for a joint interview with host Becky Quick.
These institutions usually compete with each other, so opportunities to appear together are extremely rare. But this time, Huang Renxun proactively came calling. David Solomon, the chairman of Goldman Sachs, confirmed this very straightforwardly. Moreover, none of the six institutions Huang Renxun contacted refused him.
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