TechnologyPhoto: Business StandardAM Intelligence Seeks $3 Billion to Fund Nvidia Chip Purchase
Indian AI infrastructure firm AM Intelligence is aiming to raise up to $3 billion to finance its planned purchase of Nvidia's next-generation chips. The funding could include bonds, bank loans, and a $300 million advance from potential customers. The company, founded by Greenko Group Plc's founders, is still finalizing terms as talks remain in early stages, reflecting growing debt financing in AI technology expansion.
Business Standard·


