News Summary

• N Nvidia has recruited six of the largest names in finance to help turn its chips into something a bank can lend against.
• The company announced partnerships with Apollo, BlackRock, Blackstone, Brookfield, Goldman Sachs and KKR to build what it calls ‘compute financing platforms’ The idea is to create dedicated pools of capital at scale, and at attractive rates, for Nvidia’s customers.
• In effect, Nvidia is helping to build a financing pipeline around its own product.