USD.AI led and closed a $106 million four-year senior secured term loan for NexGen Cloud, with Silver Point Capital and Victory Park Capital participating as lenders. It is NexGen Cloud's second financing with USD.AI, following a $34 million facility in June 2026, bringing total financing to $140 million across two countries. The loan finances 216 NVIDIA HGX B300 servers, or 1,728 GPUs, at a Tier III data center in Finland, with shipment expected in Q4 2026. The capacity is fully contracted under a take-or-pay agreement with a leading AI inference platform. USD.AI said it has originated more than $500 million of GPU financing this year, with over $200 million routed through its GPU Loan Exchange (GLX), which launched on October 1, 2026.
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data centersAI investmentcreditNvidia
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Related tickers and likely impact
NVDA
• NeutralNvidia
Relevance: low
| Market | US stocks |
|---|---|
| Sector | Information Technology |
| Industry | Semiconductors |
| Market cap | $5.1T |
| Close on 10/28/2026 | 215.39 |
| Change that session | -1.17% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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