Goldman Sachs is in talks with potential investors over participating in Nvidia’s half trillion AI financing deal after securing a place as the only lender to participate, Reuters has reported.

Citing people familiar with the matter, the news outlet reported that US insurers, money managers, and banks are expected to form the core investor base for the financing, while asset managers plan to retain a sizable share of the financing.

The $500 billion deal, announced 10 August, is aimed at raising third-party funds for AI infrastructure. One source told Reuters that Goldman can provide junior capital and private credit financing through its asset management arm and its investment bank can help to place the debt into private credit funds and eventually public debt markets.

Nvidia and Goldman have a long history of working together and this deal represents a culmination of years of ties, Reuters reported. The bank has advised Nvidia on numerous transactions and technology financing deals in which the chipmaker was an investor, according to analytics provider Dealogic.

Sources familiar with the matter told Reuters that the relationship between the pair extends to the highest levels of both companies.

“Jensen came, approached us with the idea, and we said we'd love to talk to you about it,” Goldman Sachs chief executive David Solomon told CNBC in a joint interview with Jensen Huang and executives of other partner firms after the plan was unveiled on Monday.

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