New Delhi, Aug. 11 -- NVIDIA is turning to some of the world's biggest financial institutions to help fund the next phase of the artificial intelligence boom, as demand for computing capacity continues to surge.

The chipmaker on 10 August announced partnerships with Apollo, BlackRock, Blackstone, Brookfield, Goldman Sachs and KKR to create independent financing platforms for AI compute infrastructure. The platforms are expected to mobilise more than $500 billion in third-party capital over time for the development of AI infrastructure.

The move could change how AI infrastructure is financed. Instead of treating GPUs and computing capacity primarily as technology purchases, NVIDIA wants institutional investors to view AI compute as a pro...