NVIDIA PARTNER SEEKS $635M GPU-BACKED BANK LOAN

GMI Cloud's loan structure ties repayment to customer contracts for graphics processing units, a novel approach that reflects surging regional demand for AI infrastructure. The financing represents a shift in how lenders view GPU assets as collateral, particularly as Asian enterprises accelerate AI adoption. As an Nvidia partner, GMI Cloud operates data centers serving the region's growing AI workload requirements. The multi-tranche arrangement suggests lenders are increasingly willing to finance GPU inventory and capacity based on contractual customer commitments rather than traditional asset valuations. The deal signals confidence in sustained GPU demand across Asia, where enterprises are investing heavily in AI infrastructure. GPU financing has expanded rapidly globally as the technology underpins large language models and other AI applications, but Asia-focused deals of this scale remain relatively uncommon.