Nvidia Stock Rises As Chipmaker Rounds Up Funding For AI Buildout

Nvidia (NVDA) stock rose Tuesday in the wake of news that the company has rounded up more than $500 billion in third-party capital to help fund the buildout of artificial intelligence infrastructure. Nvidia announced on Monday that it has partnered with financial institutions Apollo (APO), BlackRock (BLK), Blackstone (BX), Brookfield (BN), Goldman Sachs (GS) and KKR (KKR) to establish AI…