PERSPECTA

News from every angle

advisor-perspectives

Nvidia’s $500 Billion Plan Envelops Wall Street in Its AI Frenzy

By Todd Gillespie, Ian King, Laura Benitez, Hannah Levitt

Goldman Sachs Group Inc., Blackstone Inc. and Apollo Global Management Inc. had been working tirelessly for months to draw up debt deals that would help developers of artificial intelligence systems pay for chips from Nvidia Corp.