USD.AI closes record $130M GPU financing deal
What's the deal? USD.AI has closed a $128.9 million debt facility, the largest GPU financing deal in its history. The money will fund the deployment of 32 NVIDIA GB200 NVL72 systems in British Columbia, Canada.
Who's it for? The systems serve a publicly listed GPU cloud provider that delivers managed services on large-scale NVIDIA clusters to enterprise customers across North America, South America, and Europe. The deployment runs under a multi-year contract with an investment-grade counterparty.
What's the endgame? USD.AI provides non-dilutive financing to AI infrastructure operators through non-recourse loans secured solely by the underlying GPU hardware. That structure isolates risk from the borrower's corporate balance sheet and gives capital providers direct exposure to income-generating compute assets.
Why now? USD.AI says the "Compute Middle Market" is seeing unprecedented demand for credit as AI infrastructure financing needs surge, while dedicated capital providers remain scarce. The new facility beats the company's previous record — a $98.1 million GPU deal closed in June 2026.
The signal: Debt is emerging as a preferred route to fund the physical build-out of AI, letting operators scale without diluting equity. The size stands out: at $128.9 million, this ranks in the 92nd percentile of all-time debt rounds in AI, a sign of how much capital is flowing into compute hardware.
Read more: third-news.com
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