Nvidia is getting involved further and further down the chain.
It invests in the companies.
Those companies raise money.
They buy Nvidia GPUs.
They rent the GPUs to AI companies.
Those AI companies need more financing to pay for the compute.
Nvidia is sitting in the middle of an increasingly complicated machine.
“The 5 listed neoclouds now have $61B worth of borrowing on their balance-sheets, quadruple the amount just 12 months ago, as well as $18B worth of operating leases. None is generating an operating profit and all are deeply in the red once interest bills are added.” 👇🏼… pic.twitter.com/V3RhlCBuNW
— Kalani o Māui (@MauiBoyMacro) September 3, 2026
Nvidia And Wall Street Giants Target $500 Billion AI Financing
Six of the biggest financial firms joined Nvidia in a plan to mobilize more than $500 billion for AI infrastructure. The important part isn’t that Nvidia is personally putting up $500 billion. It’s that Nvidia is helping create a financing pipeline for the infrastructure that consumes its products.
Nvidia Offers Up To $105 Billion Guarantee For OpenAI Data Center
Nvidia agreed to provide up to $105 billion of guarantee support for OpenAI’s Ohio data center lease. Nvidia is also investing $1.5 billion into SB Energy. Reuters reported that the structure involves both equity and debt.
Nvidia Pauses Revenue Sharing Deals With AI Cloud Companies
This is one of the more important pieces of the puzzle.
Nvidia’s new financing program offered credit support to AI cloud companies in exchange for a share of revenue generated from Nvidia hardware. Nvidia also offered to buy unsold computing capacity in some arrangements.
Then Nvidia paused some of the deals.
That doesn’t prove anything improper happened. But it shows that Nvidia’s financial involvement with its customers had become significant enough to attract investor and antitrust concerns.
Disclaimer: This is not financial advice and is for educational purposes only. Please conduct your own due diligence.