Indian AI firm seeks to raise $3 billion to buy Nvidia chips: report

Indian artificial intelligence infrastructure firm AM Intelligence is reportedly planning to raise up to $3 billion through bonds and bank loans to purchase Nvidia's Rubin graphics processing units. The company intends to invest $6 billion to establish 100 MW of computing power split across centers in Malaysia and India, with plans to add 300 MW more over the next 15 months. Open article →