Episode 246: Today, Ann unpacks Nvidia’s partnerships with top Wall Street asset managers to unlock up to $500 billion in AI infrastructure financing. Then, we spin through a few market headlines, including Bumble’s strategic U-turn and Joby Aviation’s defense move. Finally, we’re joined by Zeno Mercer, Head of Robotics and AI Research at VettaFi, to explore why robotics could be entering a new growth cycle, how AI is becoming an enabler for the industry and why the opportunity extends across sectors. Visit Schwab.com/FinancialDecoder www.brewmarkets.com Subscribe to the Brew Markets newsletter: https://www.morningbrew.com/brew-mark... Follow Brew Markets on social: Instagram: instagram.com/brewmarkets TikTok: tiktok.com/@brewmarkets X: x.com/brewmarkets Follow Ann Berry on social: Instagram: instagram.com/annberry_nyc X: x.com/AnnBerry_NYC Listen to Brew Markets Here: swap.fm/l/9Qk4z73Z2nEwFiCB4qee Watch Brew Markets Here:⁠ https://www.youtube.com/@BrewMarkets The content shared on this podcast is for informational and entertainment purposes only and should not be considered financial, legal, or investment advice. Brew Markets, Morning Brew and their hosts are not licensed financial advisors. Listeners should conduct their own research and consult with qualified professionals before making any financial decisions or investments. The views expressed are those of the hosts and guests and do not necessarily reflect the views of Morning Brew or its affiliates. This podcast may include paid endorsements or sponsorships Learn more about your ad choices. Visit megaphone.fm/adchoices

Nvidia's $500B Financing Bet & The Rise of Robotics

Brew Markets

Bumble, the dating app, upends its hallmark feature in a bid to revive growth. But will it pay off? It's Tuesday, meaning money mover day, and I'm digging into robotics with one researcher focused on how AI is taking over the physical world. And NVIDIA, the chip giant, wants AI compute treated as a, quote, investable asset class. We break down a $500 billion bet that it can be. For Tuesday, August 11th, it's Brew Markets Daily and I'm Ann Berry.

More market details to come, but first, NVIDIA announcing over $500 billion in financing from a who's who of Wall Street asset managers. That's to fund building out artificial intelligence infrastructure. The chip OG now looks a little bit like a neobank that has NVIDIA signs memorandums of understanding with Apollo Global Management,

Blackstone, BlackRock, Brookfield Asset Management, Goldman Sachs, and KKR to establish financing platforms for NVIDIA's customers. With that $500 billion in the war chest to fund hyperscalers, Frontier AI labs, and enterprises as they build out data centers and acquire NVIDIA hardware.

That's the punchline. The heft of the six money titans with a combined market cap of closing into a trillion dollars marks a critical moment best articulated by Jensen Huang when the NVIDIA CEO joined CNBC last night, saying, quote, This is really the first time that technology chips have become an investable asset class.

In the interview and on Post X on the company website, Huang described NVIDIA's widely adopted hardware as transferable across customers with an extended life, saying, quote, We have a platform that is fungible by all industries. It really de-risks the investment and makes this infrastructure much more investable. Enabling AI compute to be seen, in the words of Blackstone president Jonathan Gray, quote,

Nvidia's $500B Financing Bet & The Rise of Robotics

Read the full transcript

The candid version is on a podcast,
not the earnings call.

Nvidia's $500B Financing Bet & The Rise of Robotics

Read the full transcript

The candid version is on a podcast, not the earnings call.

The candid version is on a podcast,
not the earnings call.