Nvidia said on Monday it has partnered with six ​major financial institutions to launch compute financing platforms aimed at ‌raising over $500 billion in third-party capital for AI infrastructure.

Nvidia CEO Jensen Huang said on X that the company has the option to backstop up to $125 ​billion, or 25 percent of the potential deals.

The move highlights ​how surging demand for AI computing capacity is drawing ⁠institutional investors, as governments, companies and startups race to build out ​data centres to support AI workloads.

Big Tech companies have signalled that ​spending on AI would not slow down, with combined outlays set to surpass $730 billion this year.

Nvidia signed memorandums of understanding with Apollo, BlackRock, Blackstone, Brookfield, Goldman ​Sachs and KKR for the financing platforms.

The initiative is intended ​to broaden access to Nvidia-based infrastructure among frontier AI developers, enterprises, governments and ‌cloud ⁠providers, while creating longer-duration, usage-linked investment opportunities for large asset managers and private capital firms.

“These financing platforms will help customers access scarce compute at scale and build the AI factories that will power ​every industry and country ​in the ⁠age of AI,” Huang said.

Nvidia said the arrangements would “create dedicated pools of capital at significant scale at ​attractive rates” for its customers.

The company did ​not disclose ⁠the financial terms, investment commitments by individual firms or a timetable for deploying the planned $500 billion.

The Financial Times had reported the development first ⁠on Monday, later confirmed by Reuters.