AMD to backstop $300 million Crusoe loan, The Information ...
12 hours ago · The loan from Goldman Sachs will be backed by the chips and related equipment, the report said. The AMD backstop allowed Crusoe to lock in an interest rate of around 6% for the loan, …
AMD mirrors Nvidia strategy with $300M Crusoe backstop deal ...
・The loan to Crusoe, arranged by Goldman Sachs, will be secured by AMD’s chips and related equipment. ・As part of the deal, AMD has agreed to lease back the processors if Crusoe cannot ...
AMD's AI chips to be used as debt collateral in $300 million ...
1 day ago · The $300 million loan from Goldman Sachs to the cloud startup Crusoe will be used to buy AMD's AI chips (the reporting doesn't specify which chip will be used, though presumably it will be a ...
AMD to backstop $300M Crusoe loan with its own chips: report
12 hours ago · AMD may backstop a $300M Goldman Sachs loan for Crusoe to deploy AI accelerators in an Ohio data center—key implications for AMD stock.
AMD Guarantees a $300 Million Loan to Crusoe to Boost Chip ...
9 hours ago · AMD AMD +1.62% is using a strategy similar to Nvidia NVDA -0.04% to boost the sales of its AI chips by helping cloud startups afford them. According to The Information, AMD will effectively …
AMD to backstop $300m AI cloud firm Crusoe loan - Tech in Asia
7 hours ago · The deal involves AMD leasing back its chips from Crusoe if the startup cannot attract customers such as AI developers. It is backed by a loan from Goldman Sachs secured by chips and …
MLQ.ai | AI for investors
1 day ago · Advanced Micro Devices (AMD) is guaranteeing a $300 million loan for AI infrastructure company Crusoe, arranged by Goldman Sachs, to fund purchases of AMD's AI chips for deployment …