USD.AI Secures $100 Million Credit Facility From Bullish to Power AI Buildout

USD.AI has secured a $100 million stablecoin-based debt facility from digital asset platform Bullish to power its GPU financing ecosystem, USD.AI said in a Friday (Aug. 28) press release.

Together with the debt facility, Bullish and USD.AI are expanding their joint research initiative to optimize capital formation models for the artificial intelligence capital expenditure sector, according to the release.

The companies aim to use Bullish’s […] The post USD.AI Secures $100 Million Credit Facility From Bullish to Power AI Buildout appeared first on PYMNTS.com.