The Fort Worth Press - QumulusAI Secures $500M Non-Recourse Financing Facility through USD.AI to Accelerate AI Infrastructure Growth

USD -
AED 3.673008
AFN 65.000388
ALL 81.123148
AMD 360.499098
ANG 1.789785
AOA 918.000573
ARS 1545.153474
AUD 1.42573
AWG 1.8
AZN 1.703383
BAM 1.744435
BBD 2.013263
BDT 124.343874
BGN 1.747831
BHD 0.377375
BIF 3005.17765
BMD 1
BND 1.278581
BOB 12.140484
BRL 5.438198
BSD 0.999585
BTN 94.811201
BWP 13.808328
BYN 2.953267
BYR 19600
BZD 2.01032
CAD 1.397865
CDF 2314.999949
CHF 0.818165
CLF 0.024845
CLP 977.539697
CNY 6.661102
CNH 6.646095
COP 3211.12
CRC 454.527211
CUC 1
CUP 23.989333
CVE 98.348593
CZK 21.710221
DJF 177.71951
DKK 6.669295
DOP 60.740391
DZD 135.769837
EGP 55.347613
ERN 15
ETB 162.433359
EUR 0.89241
FJD 2.255897
FKP 0.746765
GBP 0.745305
GEL 2.603468
GGP 0.746765
GHS 11.650194
GIP 0.746765
GMD 73.999981
GNF 8847.047491
GTQ 7.642051
GYD 209.539525
HKD 7.846535
HNL 26.869372
HRK 6.76901
HTG 131.015506
HUF 324.890979
IDR 18104
ILS 3.14045
IMP 0.746765
INR 94.68585
IQD 1515.298819
IRR 1868415.000233
ISK 121.560427
JEP 0.746765
JMD 158.843703
JOD 0.709048
JPY 157.796502
KES 129.939665
KGS 87.449799
KHR 4088.71367
KMF 440.999789
KPW 899.999961
KRW 1344.05006
KWD 0.31134
KYD 0.832995
KZT 452.368741
LAK 22506.053971
LBP 89514.01494
LKR 332.306128
LRD 169.921466
LSL 16.636267
LTL 2.95274
LVL 0.60489
LYD 6.414756
MAD 9.828437
MDL 18.057593
MGA 4514.054577
MKD 54.922696
MMK 2099.693878
MNT 3599.326016
MOP 8.078026
MRU 40.503405
MUR 47.319961
MVR 15.449534
MWK 1733.348199
MXN 18.54454
MYR 4.071701
MZN 63.910175
NAD 16.636267
NGN 1344.509612
NIO 36.783168
NOK 9.2871
NPR 151.697565
NZD 1.77704
OMR 0.384522
PAB 0.999799
PEN 3.467019
PGK 4.482837
PHP 63.334501
PKR 276.504083
PLN 3.9413
PYG 5917.059487
QAR 3.653878
RON 4.762008
RSD 104.930981
RUB 81.250045
RWF 1478.412502
SAR 3.764439
SBD 8.058206
SCR 13.832645
SDG 601.502778
SEK 9.77118
SGD 1.278615
SHP 0.748335
SLE 22.916689
SLL 20969.504398
SOS 571.280766
SRD 37.579505
STD 20697.981008
STN 21.85227
SVC 8.746259
SYP 13001.999685
SZL 16.630915
THB 33.692963
TJS 9.191303
TMT 3.5
TND 2.987517
TOP 2.40776
TRY 49.969601
TTD 6.761717
TWD 32.594499
TZS 2645.00802
UAH 45.650373
UGX 4277.693292
UYU 40.190338
UZS 11944.718217
VES 887.479798
VND 25764
VUV 118.915185
WST 2.776217
XAF 585.382302
XAG 0.019623
XAU 0.000252232255
XCD 2.70255
XCG 1.80143
XDR 0.707052
XOF 585.382302
XPF 106.371498
YER 236.202866
ZAR 16.56895
ZMK 9001.206005
ZMW 20.242167
ZWL 321.999592
SSP 5745.217636
MXV 2.088469
  • RIO

    -0.3300

    97.04

    -0.34%

  • CMSC

    -0.0400

    20.67

    -0.19%

  • RELX

    0.0000

    33.41

    0%

  • RBGPF

    0.0000

    67.95

    0%

  • BCE

    -0.0700

    21.99

    -0.32%

  • BCC

    -0.0300

    75.66

    -0.04%

  • GSK

    0.8600

    51.08

    +1.68%

  • JRI

    -0.0300

    11.52

    -0.26%

  • NGG

    -0.1200

    76.68

    -0.16%

  • CMSD

    0.0900

    20.54

    +0.44%

  • BTI

    -0.0800

    55.75

    -0.14%

  • AZN

    2.0200

    168.1

    +1.2%

  • BP

    -1.4200

    43.16

    -3.29%

  • RYCEF

    0.4600

    19.7

    +2.34%

  • VOD

    0.0700

    17.02

    +0.41%

QumulusAI Secures $500M Non-Recourse Financing Facility through USD.AI to Accelerate AI Infrastructure Growth
QumulusAI Secures $500M Non-Recourse Financing Facility through USD.AI to Accelerate AI Infrastructure Growth

QumulusAI Secures $500M Non-Recourse Financing Facility through USD.AI to Accelerate AI Infrastructure Growth

Partnership with Permian Labs, the developer of the USD.AI protocol unlocks blockchain-based credit markets for scalable GPU deployments

Text size:

ATLANTA, GEORGIA / ACCESS Newswire / October 9, 2025 / QumulusAI, a provider of GPU-powered cloud infrastructure for artificial intelligence, today announced a $500 million non-recourse financing facility arranged by Permian Labs and distributed through the USD.AI Protocol.

The facility allows QumulusAI to finance up to 70% of approved GPU deployments with stablecoin liquidity from USD.AI's blockchain-based credit market. This structure offers faster access to capital compared to traditional financing alternatives like bank or private credit capital, with flexible terms enabling a non-dilutive path to scale AI infrastructure.

QumulusAI's facility reflects a broader shift in how compute infrastructure is financed. Global demand for AI infrastructure is projected to surpass $6.7 trillion by 2030, yet capital remains concentrated among hyperscalers like OpenAI, Google, and Meta. USD.AI's financing model opens new pathways for emerging operators like QumulusAI, linking real-world hardware directly to blockchain-based credit markets for accelerated, more transparent scaling.

Permian Labs developed the financing framework behind USD.AI, which treats GPUs as a financeable commodity. Permian Labs issues GPU Warehouse Receipt Tokens (GWRTs), and USD.AI serves as the on-chain DeFi protocol that enables those tokens to be used as collateral for borrowing stablecoin-based credit, unlocking capital for the next generation of AI builders.

This structure creates yield-bearing opportunities for onchain depositors, while giving operators fast, transparent access to non-dilutive financing.

For QumulusAI, the $500 million facility signals institutional confidence in its infrastructure growth strategy and provides a repeatable model for scaling deployments with blockchain-native financing rails. For Permian Labs and USD.AI, it represents the continued expansion of real-world assets into on-chain credit markets, bridging institutional capital with income-generating compute infrastructure.

"This partnership represents a paradigm shift in AI infrastructure financing," said Mike Maniscalco, CEO of QumulusAI. "By leveraging Permian Labs' tokenization framework, we can scale faster and more flexibly - meeting the surge in AI compute demand without the constraints of legacy financing."

"QumulusAI is exactly the type of innovative AI operator we built USD.AI to serve," said Conor Moore, Permian Labs Co-Founder and COO. "Their integrated approach to AI supercompute-combining HPC cloud, purpose-built data centers, and controlled power generation-fits seamlessly with our tokenized financing model, proving how blockchain can unlock institutional capital for real-world infrastructure."

About QumulusAI

QumulusAI is a vertically integrated AI infrastructure company focused on delivering a distributed AI cloud by innovating around power, data center and GPU-based cloud services - the company delivers immediate access to high-performance computing with enhanced cost control, reliability, and flexibility. Machine learning teams, AI startups, research institutions, and growing enterprises can now scale their AI training and inference workloads quickly and cost effectively.

For more information, visit https://www.qumulusai.com

About Permian Labs

Permian Labs is the developer of USD.AI, building the infrastructure that connects institutional capital with real-world AI compute. Permian Labs designs the legal, financial, and technical systems that transform GPUs into collateral and make them accessible through blockchain-based credit markets. By bridging traditional asset finance with DeFi innovation, Permian Labs enables AI operators to scale efficiently while creating new opportunities for investors to access yield from real-world infrastructure.

About USD.AI

USD.AI is the world's first blockchain-native credit market for GPU-backed infrastructure. The protocol turns AI hardware into tokenized collateral, unlocking financing markets with deep liquidity, attractive cost of capital and instant settlement for emerging AI operators who require capital to scale. Through its dual-token model, USDai (a stablecoin with deep liquidity) and sUSDai (its yield-bearing counterpart), USD.AI creates new liquidity pathways for operators while offering investors scalable, real-world yields. Developed by Permian Labs, USD.AI combines DeFi principles with institutional-grade securitization standards to accelerate the financing of AI infrastructure worldwide.

For more information on QumulusAI:

Press: [email protected]
Investors: [email protected]

Follow QumulusAI on social media: https://www.linkedin.com/company/qumulusai

For more information on Permian Labs:

Email: [email protected]

This press release contains certain "forward-looking statements" that are based on current expectations, forecasts and assumptions that involve risks and uncertainties, and on information available to QumulusAI as of the date hereof. QumulusAI's actual results could differ materially from those stated or implied herein, due to risks and uncertainties associated with its business and/or the strategic partnership, which include, without limitation, integration challenges between the companies, market volatility and/or regulatory conditions. Forward-looking statements include statements regarding QumulusAI's expectations, beliefs, intentions or strategies regarding the future, and can be identified by forward-looking words such as "anticipate," "believe," "could," "continue," "estimate," "expect," "intend," "may," "should," "will" and "would" or words of similar import. Forward-looking statements include, without limitation, statements regarding future operating and financial results, QumulusAI's plans, objectives, expectations and intentions, and other statements that are not historical facts. QumulusAI expressly disclaims any obligation or undertaking to disseminate any updates or revisions to any forward-looking statement contained in this press release to reflect any change in QumulusAI's expectations with regard thereto or any change in events, conditions or circumstances on which any such statement is based in respect of its business, the strategic partnership or otherwise.

SOURCE: QumulusAI



View the original press release on ACCESS Newswire

W.Lane--TFWP