USDAI Closes Record $98.1 Million Debt Facility for 2,304 Nvidia B300 GPUs
USDAI said it closed a record $98.1 million, three-year debt facility to support the deployment of 2,304 Nvidia B300 GPUs across 288 servers for DuosEdgeAI, with Hydra Host managing the deployment. The facility carries a 12% APR, and $84.1 million has been escrowed and is earning 7% until the GPUs are installed and online.
The transaction highlights a financing model aimed at helping AI companies buy chips rather than rent compute capacity. USDAI has described the structure as turning GPUs into programmable collateral for compute-backed credit, and has said deal sizes are rising month over month as publicly traded companies begin to borrow against the platform.
From the sources (3 posts)
@arbitrumThe Arbitrum platform is becoming the best place for new markets like compute to become real businesses USDAI is turning GPUs into programmable collateral, powering a new category of compute-backed credit Congrats to @USDai_Official on cl
@stabledashAI companies have started buying chips instead of renting them, paying the same or less in a mortgage than they were in rent. @0xZergs calls it "the GPU mortgage," and his team at @USDai_Official is closing record loans month over month t
@duosedgeaiis providing a $98.1 million, three-year debt facility to support the deployment of 2,304 @nvidia B300 #GPUs, deployed and operated by #DuosEdgeAI and managed by #HydraHost. Read the announcement here: