AI's infrastructure boom has already been running at a staggering pace, and this week it received a further $500 billion vote of confidence from Wall Street's biggest names.
Nvidia signed memorandums of understanding with six of the world's largest ****** et managers and investment banks, including Blackstone, KKR and Apollo Global Management, to raise the capital to fund what it is calling "AI factories."
While not guaranteed, the deal signals that demand for AI infrastructure is showing no signs of slowing. VCs are backing that same buildout by funding the semiconductors that power it.
Global funding for AI and machine learning semiconductors reached $14.1 billion in the first half of the year, according to PitchBook's latest AI Report, on track to surpass last year's annual total by almost 50%. Both Q1 and Q2 this year are the two highest quarters on record for investment. Deal count is also projected to land above 2025's figure.
"AI is not just a tool, it redefines technology," Sriram Viswanathan, founding managing partner of deep tech VC firm Celesta Capital, said. "If you accept the notion that everything is going to change, the question is, what is the tip of the spear? That is semiconductors, because that powers everything."
#Semiconductors #deal #infrastructure
Nvidia signed memorandums of understanding with six of the world's largest ****** et managers and investment banks, including Blackstone, KKR and Apollo Global Management, to raise the capital to fund what it is calling "AI factories."
While not guaranteed, the deal signals that demand for AI infrastructure is showing no signs of slowing. VCs are backing that same buildout by funding the semiconductors that power it.
Global funding for AI and machine learning semiconductors reached $14.1 billion in the first half of the year, according to PitchBook's latest AI Report, on track to surpass last year's annual total by almost 50%. Both Q1 and Q2 this year are the two highest quarters on record for investment. Deal count is also projected to land above 2025's figure.
"AI is not just a tool, it redefines technology," Sriram Viswanathan, founding managing partner of deep tech VC firm Celesta Capital, said. "If you accept the notion that everything is going to change, the question is, what is the tip of the spear? That is semiconductors, because that powers everything."
#Semiconductors #deal #infrastructure
10 days ago
