Jul 14, 2026 · 12:08 PM
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GMI Cloud seeks $635 million loan backed by its Nvidia GPU contracts
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GMI Cloud seeks $635 million loan backed by its Nvidia GPU contracts
GMI Cloud, an Nvidia Reference Platform Cloud Partner, is seeking a $635 million loan in Taiwan backed by GPU customer contracts rather than equity. The deal mirrors a financing model CoreWeave pioneered in the US and could turn Taiwan's banks into a new source of AI infrastructure debt.
Judith Murphy
4 min read
544 views
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