ING seeks to dump $500 million data-center loans

semafor.com1 min read

Investors are increasingly attempting to offload data-center and GPU financing portfolios at steep discounts amid growing concerns that the technology will depreciate faster than the loans last. Dutch bank ING reportedly sought to dump $500 million in data-center loans, while Goldman Sachs and Apollo have begun marketing a $40 billion chip financing deal for SpaceX. Open article →