QumulusAI Secures $500M Blockchain-Backed Facility to Scale AI Compute Infrastructure

coindesk.com/business/2025/10/09/qumulusai-secures-usd500m-blockchain-backed-facility-to-scale-ai-compute-infrastructure

QumulusAI, a company building GPU-powered cloud infrastructure for artificial intelligence, has locked in a $500 million credit facility to fund its growing fleet of graphics processing units (GPUs).
The financing was arranged by Permian Labs and will be distributed via USD.AI, a…

This story appeared on coindesk.com, 2025-10-09 10:01:28.
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