USD.AI Arranges $128.9 Million GPU Financing Facility
USD.AI announced in a press release a $128.9 million asset backed GPU financing facility for an undisclosed borrower. It is the largest loan originated through the platform to date.
The facility will finance 32 NVIDIA GB200 NVL72 systems in British Columbia, Canada. The operator is a publicly listed GPU cloud provider serving enterprise customers across North America, South America and Europe.
The systems are covered by a multi year contract with an investment grade counterparty. USD.AI says its non-recourse loans are secured exclusively by the underlying GPU infrastructure, which separates the financing risk from the corporate balance sheet.
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Tensordyne Napier: What If One Rack Could Do the Work of Nine?
Tensordyne
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