Argentum AI Eyes 5 Billion Dollar Chip Financing
Cloud computing firm Argentum AI is negotiating a 5 billion dollar financing deal for artificial intelligence chips with a major private credit firm. The funding will support data center expansion in Poland and hardware leased to non-investment grade customers.
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Argentum AI is in talks to secure $5 billion in financing for AI chips with a private credit firm, according to people familiar with the matter. The funding follows tighter debt markets for neoclouds renting out AI computing power. The capital will fund hardware for a facility in Poland backed by SUPER MICRO COMPUTER INC.
