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Indian AI Firm Seeks $3 Billion Financing for Nvidia Chips Order

Takeaways by Bloomberg AIIndian AI infrastructure firm AM Intelligence is seeking to raise as much as $3 billion to fund a previously announced purchase of Nvidia Corp.’s next-generation chips, according to people familiar with the matter, the latest sign that the technology’s boom is driving a debt binge.The funding package for the company, established by the founders of renewable energy producer Greenko Group Plc, could comprise of bonds and bank loans, among others, said the people who asked...

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