Bullish Provides $100M Stablecoin Facility to USD.AI for GPU Financing
Bullish has provided a $100 million stablecoin liquidity facility to USD.AI for GPU financing, the companies announced in a press release. The facility is intended to support USD.AI lending against high performance computing assets.
Bullish said the facility is powered by Bullish Exchange liquidity. The company plans to onboard sUSDai across multiple trading pairs with a dedicated market making program.
The companies are also expanding a joint research initiative on capital formation models for AI capital expenditure. The work will pair Bullish market structure experience with USD.AI GPU financing architecture.
We hope you enjoyed this article
Consider subscribing to one of our newsletters like Finance AI Weekly, AI Funding Brief or Daily AI Brief.
Also, consider following us on social media:
More from Finance
Oct 16 HKMA Introduces ART Framework for AI Use in Banking Oct 15 Moomoo Adds AI Assistants to Global Paper Trading Contest Oct 15 Financial Stability Board Publishes 12 AI Practices for Financial Firms Oct 15 Starling Bank to Train Transactional AI Model on Civo UK Cloud Oct 15 Bloomberg makes ASKB available with chat and file searchMore from Funding
Oct 15 Origin Raises $20 Million for Autonomous Construction Robots Oct 15 Symbe Raises $5.7 Million for AI Sales Platform Oct 15 Cohere Agrees to Acquire AI Security Startup AISLE Oct 15 OpenAI in Early Talks to Acquire Trail of Bits Oct 15 Robots & Pencils Acquires Marketing Platform Tiger PistolEnterprise AI Brief
Weekly report on AI business applications, enterprise software releases, automation tools, and industry implementations.
Industry analysis
2025 Global Business Services Agenda: Gen AI Takes Center Stage
This industry analysis by The Hackett Group explores the transformative impact of generative artificial intelligence (Gen AI) on global business services (GBS) in 2025. The study highlights the shift from exploration to acceleration of Gen AI initiatives, with 89% of executives advancing these projects to improve customer satisfaction, innovate products, and reduce costs. The report also discusses the challenges and strategies for successful Gen AI adoption, emphasizing the need for a technology-enabled operating model and the importance of reskilling the workforce.
Read moreYou may also like
Sharon AI Secures US$356 Million GPU Backed Debt Facility
Rising rates strain AI data center fundraising
PaleBlueDot AI Raises $200 Million at $3.2 Billion Valuation
UCLA Forecast Says AI Investment Adds Nearly One Point to Core US GDP Growth
Broadcom Agrees to Lend Anthropic Up to $42 Billion
Daily AI Brief: the AI news that matters, in your inbox.