This week, Nvidia announced partnerships with six major financial institutions: Apollo Global Management, BlackRock, Blackstone, Brookfield Asset Management, Goldman Sachs, and KKR. The partners have agreed to invest $500 billion in capital for AI infrastructure. The money is not a $500 billion investment directly into Nvidia, but the financial firms plan to create financing pools that Nvidia customers can use to build AI infrastructure.

That infrastructure will include data centers, purchase computing equipment, and develop the enormous power and physical infrastructure required to operate advanced AI systems. Nvidia’s chips are extraordinarily valuable, but building facilities containing hundreds of thousands of them requires enormous amounts of capital.

The investment deal could help solve one of the biggest challenges facing the AI industry, the cost of producing large quantities of high-quality chips. Nvidia chief executive Jensen Huang has argued that many AI companies, cloud providers and other businesses want additional computing capacity but cannot obtain financing quickly or cheaply enough. Under the new partnership, Wall Street firms would help provide that financing, potentially treating Nvidia-powered computing systems as infrastructure assets…

Apple just made smartphones even more expensive, raising the price on most of their products by $200 or more.

Consumers are paying more than ever for technology that gives them nothing back. 

More expensive devices. Higher upgrade costs. Still no way for users to share in the value their phones create.

Mode Mobile is building the opposite model.

Instead of a smartphone that only costs money, Mode gives users the opportunity to earn from the devices they already own.

Just like Uber turned cars into taxis, and Airbnb turned homes into hotels.

And the results speak for themselves: 

As premium devices get pricier, Mode’s timing looks even more compelling.

Consumers need technology that gives value back. 

Advertisers and AI companies need permissioned first-party data.

Mode sits at the intersection of both, creating a platform where users can participate in the value their phone activity creates.

Pre-IPO shares are still available at $0.52, with up to 20% bonus shares for a limited time.*

Last chance to invest at $0.52/share – price changes 8/14.

For the investment firms, AI computing could become a long-term source of predictable revenue. Apollo President Jim Zelter described modern computing as a scarce and increasingly important infrastructure asset, while BlackRock CEO Larry Fink argued that AI will require unprecedented levels of investment. Goldman Sachs CEO David Solomon similarly said Nvidia sits at the center of what he called a historic AI investment cycle.

The deal could also address a growing criticism of the AI boom. Nvidia has previously invested in companies that then purchase Nvidia chips, raising concerns about ‘circular financing’ in which suppliers indirectly help finance their own customers. By bringing independent financial institutions into the process, Nvidia can shift more of the financing burden and investment risk toward outside capital providers. This structure could reduce concerns about Nvidia becoming too financially dependent on the companies buying its products.

For Nvidia, financing could allow customers to purchase more GPUs, construct larger data centers and deploy AI systems more rapidly. That could reinforce Nvidia’s hardware sales and expanding adoption of its software. It could also transform Nvidia from primarily a semiconductor manufacturer into a central organizer of a much larger global AI infrastructure ecosystem.

The $500 billion figure represents capital the partners hope to mobilize over time, not money already committed or spent. Nvidia has not disclosed individual investment commitments or a timetable, and the partnerships remain subject to final agreements. There are also financial risks. The Bank of England has warned that rapidly growing AI-related debt could threaten financial stability if AI companies fail to generate enough profits to service their obligations.

Nvidia’s investment agreement represents a financial evolution of the AI boom. Wall Street is increasingly treating computing capacity itself as infrastructure worthy of large-scale institutional financing. If that model succeeds, the $500 billion initiative could accelerate data-center construction, and increase demand for Nvidia technology. It could also provide the financial foundation for another dramatic expansion of artificial intelligence throughout the global economy.

*DISCLOSURES:

Please read the offering circular and related risks at invest.modemobile.com.

Mode Mobile received their ticker reservation with Nasdaq ($MODE), indicating an intent to IPO in the next 24 months. An intent to IPO is no guarantee that an actual IPO will occur.

Mode revenue and EBITDA numbers include full year revenue and EBITDA of businesses acquired by Mode Mobile in 2025.