AMD Supports Crusoe AI Expansion
AMD is reportedly backing a $300 million loan for cloud computing startup Crusoe to finance the deployment of its AI chips.
The arrangement includes a guarantee mechanism allowing AMD to lease back its own hardware if Crusoe is unable to secure sufficient demand from AI developers.
The financing, led by Goldman Sachs, will be supported by the equipment being installed at a new data center project in Ohio.
Crusoe, originally launched in the cryptocurrency sector, has shifted its focus toward building cloud infrastructure for artificial intelligence applications.
The initiative reflects a growing trend among semiconductor companies to support emerging AI-focused cloud providers.



