Nvidia and major Wall Street financial firms are forming a $500 billion joint venture to finance projects in the field of artificial intelligence (AI). This was reported by Qazaqyia.kz citing Reuters.
According to the source, the partnership aims to attract financial resources for the development of AI infrastructure. As part of the project, Nvidia will provide its technological developments, while Wall Street firms will offer financial support.
This initiative is set to become one of the largest investments in the AI sector. The specific companies involved and the project timeline have not yet been disclosed. The Reuters source plans to release additional details in the near future.