USD.AI Announces Completion of $128.9 Million in GPU Funding

TechFlow reports that on September 24, according to PR Newswire, the stablecoin protocol USD.AI, which provides credit for AI, announced a $128.9 million asset-backed GPU financing deal for an undisclosed borrower, setting a new record for a single loan on the platform. The funds will be used to deploy 32 NVIDIA GB200 NVL72 systems in British Columbia, Canada. The operator is a publicly listed GPU cloud service provider, and the equipment has been secured under a multi-year agreement with an investment-grade counterparty. This financing exceeds USD.AI's $98.1 million GPU financing project announced in June 2026.