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QumulusAI expanded its equipment lease financing with TFC from $26.0 million to approximately $123.6 million to fund NVIDIA Blackwell GPUs, with no new equity and implied high-single-digit rates.
QumulusAI expanded its equipment lease financing with Tech Finance Co. to approximately $123.6 million from $26.0 million announced May 7, 2026. The financing is for NVIDIA Blackwell GPUs and is described as requiring no new equity.