TechBloomberg Tech57m ago
Nvidia Partner GMI Cloud Seeks Loan to Buy Chips for Thai Site
TL;DRNvidia partner GMI Cloud needs $300M loan to buy chips for Thailand facility.
Why it matters: Shows explosive Asia expansion demand for AI chips and financing constraints on cloud infrastructure buildout.
GMI Cloud, a Nvidia Corp. partner, is seeking a $300 million loan to buy chips for its facility in Thailand, according to people familiar with the matter, adding to a growing list of similar deals in Asia.
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