Nvidia is working with some of Wall Street’s largest investment firms on a $500 billion effort to finance artificial intelligence infrastructure, CNBC reported Monday, citing a person familiar with the matter. Bloomberg separately reported that the Financial Times said a group of US investment giants is partnering with Nvidia on the same-sized funding package. According to CNBC, Nvidia has enlisted Apollo Global Management, Blackstone, BlackRock’s Global Infrastructure Partners unit, Brookfield Asset Management, Goldman Sachs and KKR to assemble the capital package. CNBC said its source spoke on condition of anonymity because they were not authorized to speak publicly. The status is still developing. CNBC reported that an announcement could come as soon as Monday, and said the Financial Times first reported the deal. Bloomberg’s item also attributed the report to the Financial Times. The reported package would sit at the intersection of Nvidia’s chip demand and the financing needs of AI infrastructure. CNBC said the effort could help Nvidia’s biggest customers secure funding to buy high-end graphics processing units, build data centers that consume large amounts of power, and lock in long-term electricity capacity. The capital stack matters because the AI buildout is becoming less a software-only story and more an infrastructure financing cycle. CNBC noted that alternative asset managers have been looking to deploy institutional and insurance capital into digital infrastructure projects. CNBC also reported that firms including Apollo and Blackstone have already structured debt and equity financing for companies such as Anthropic as AI companies face large capital expenditure requirements. Representatives for Nvidia, Apollo, Blackstone, Brookfield, BlackRock, Goldman Sachs and KKR did not immediately respond to CNBC’s requests for comment. For now, the material facts are the reported size of the package, Nvidia’s role in assembling it, and the named financial institutions. The terms, project list, customer beneficiaries and final announcement timing have not yet been confirmed in the provided reports. Who benefits: Nvidia could benefit if financing makes it easier for major customers to fund GPU purchases and infrastructure buildouts. The named asset managers and banks could gain exposure to AI infrastructure financing if the package is completed. Who's exposed: AI companies and infrastructure buyers remain exposed to capital availability, power access and the terms of any financing. The reports do not yet identify which projects or customers would receive funding.