QumulusAI Secures $500M Blockchain Credit Line for AI Expansion

2025-10-09 18:05

QumulusAI has secured a $500 million credit line to expand its GPU-based cloud infrastructure for artificial intelligence. The financing, arranged by Permian Labs, will be distributed through the blockchain-based credit protocol USD.AI. This non-recourse facility allows QumulusAI to borrow stablecoins up to 70% of the value of its approved GPU deployments, enabling faster access to funds compared to traditional credit channels.

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