Investors reassess financing for AI chips and data centers

AI · First reported 9 Nov, 13:08 · Updated 13:31

Image: Wikimedia Commons · NASA Johnson Space Center · Public domain

Some investors are offering data-center loans at steep discounts, while the planned $40 billion SpaceX chip-financing deal faces a test in finding buyers. The reporting cites concern that financed GPUs could lose value before loans are repaid.

Some portfolios of data-center loans are being offered at steep discounts, with GPU financing singled out amid concerns about technology depreciation.
ING was reported to be seeking buyers for $500 million in data-center loans, including $25 million backing the Stargate project.
Goldman Sachs and Apollo have begun marketing a $40 billion chip-financing deal for SpaceX; Ares Management CEO Michael Arougheti said his firm would pass on GPU financing deals.

Summary written by Lux AI from 2 articles

Key facts

ING loans reportedly offered: $500 million in data-center loans, including $25 million backing Stargate.
SpaceX chip-financing deal: $40 billion; Goldman Sachs and Apollo have begun marketing it.
Ares Management position: CEO Michael Arougheti said the firm would pass on GPU financing deals.