Assertion 1
Jensen Huang framed the effort on X as bringing independent, long-term institutional money into the market, a direct answer to the charge that Nvidia keeps financing its own customers, the pattern skeptics call circular financing TechCrunch AI.
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Nvidia announced that Apollo, BlackRock, Blackstone, Brookfield, Goldman Sachs, and KKR were willing to commit up to $500 billion to build AI data centers.
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Nvidia CEO Jensen Huang stated on X that the initiative is designed to address concerns about circular financing by bringing independent, long-term institutional capital into the AI infrastructure market.
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