The financing supports a publicly listed GPU cloud provider managing large-scale NVIDIA clusters for enterprise clients across North America, South America, and Europe. These specific systems are backed by a multi-year contract with an investment-grade counterparty, providing the security required for the non-recourse loan structure. This deal eclipses the company's previous peak financing of $98.1 million, which was finalized in June 2026.
USD.AI Secures Record $128.9M GPU Financing Deal
A $128.9 million asset-backed loan has set a new record for the USD.AI platform, funding the deployment of 32 NVIDIA GB200 NVL72 systems in British Columbia. The transaction underscores an intensifying need for capital within the compute middle market, where infrastructure demand is currently outpacing available specialized lending resources.
USD.AI operates by isolating risk from corporate balance sheets, securing loans exclusively against underlying compute assets. By focusing on the compute middle market, the firm provides non-dilutive capital to operators who require rapid scaling but face a limited pool of dedicated infrastructure lenders. This latest deployment highlights the ongoing trend of leveraging high-performance hardware as a primary asset class for institutional credit.
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