NVIDIA is trying to transform GPUs from 'rapidly depreciating hardware' into financial assets that can be collateralized and generate rental cash flow. According to the information in the article, NVIDIA has partnered with institutions like Apollo, BlackRock, and Blackstone to plan the creation of an AI infrastructure financing platform with a maximum scale of $500 billion. Some loans may be collateralized with GPUs and data center facilities, and in certain cases, provide up to 25% residual value support. However, the core debate around this model remains the residual value: rental demand for GPUs like the H100 could rebound, and inference workloads might extend the economic lifespan of the equipment. On the flip side, the second-hand market prices and risks from technological iteration could potentially lower the value of the collateral. Whether the assetization of computing power can succeed depends on whether future rental income can cover depreciation and financing costs.