AM Intelligence Seeks $3 Billion for Nvidia Chip Purchase

AM Intelligence, an Indian AI infrastructure firm, is seeking up to $3 billion in financing to fund the purchase of next-generation chips from Nvidia Corp. The company intends to secure the capital through a financing package that may include bank loans and bonds.

Established by the founders of the renewable energy producer Greenko Group Plc, the firm is moving to finalize a previously announced order for the hardware. The scale of the financing highlights a growing trend of AI infrastructure providers relying on debt to support rapid expansion.