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BlackRock, Goldman and Apollo join Nvidia in talks for massive $500 billion AI buildout
Aug 10, 2026
< 1 min read
by Jai Hamid
for CryptoPolitan
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AI Overview
Major asset managers BlackRock, Goldman Sachs, Apollo, Blackstone, Brookfield and KKR are teaming with Nvidia on a potential AI spending initiative that the Financial Times says could eventually reach $500 billion. Such a large institutional funding wave could accelerate crypto adoption and tokenized fundraising for AI infrastructure, boost demand for DeFi, CEX and DEX services and token launches, and create upside for token performance while raising security and regulatory risks.
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BlackRock (NYSE: BLK), Goldman Sachs (NYSE: GS), Apollo Global Management (NYSE: APO), Blackstone (NYSE: BX), Brookfield Asset Management (NYSE: BAM) and KKR (NYSE: KKR) are lining up with Nvidia (NASDAQ: NVDA) for a giant new round of AI spending that could eventually reach $500 billion. According to the Financial Times, the collaboration is expected to...
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In This News
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See what traders are focused on
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