Argentum AI in Talks to Secure $5B for GPU Purchases
The SMCI-backed cloud provider is in advanced discussions with a major private credit institution for financing to buy additional GPUs, according to a report.
Argentum AI, an independent cloud computing provider backed by Super Micro Computer (SMCI), is engaged in advanced discussions with a major private credit institution to secure a $5 billion financing package.The capital will be deployed to purchase additional graphics processing units (GPUs), Reute…