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AM Intelligence, a Hyderabad company owned by the founders of the renewable-energy group Greenko, wants up to $3 billion in bonds and bank loans toward 29,000 Rubin GPUs, enough for 100 MW split between sites in Malaysia and India.
It puts the whole build at $6 billion, expects $300 million of advance payments from customers, and calls itself among the "largest committed buyers" of Rubin outside North America.
No lenders are named.
An Indian firm is raising up to $3 billion of debt to buy 29,000 Nvidia Rubin chips
AM Intelligence, a Hyderabad company owned by the founders of the renewable-energy group Greenko, wants up to $3 billion in bonds and bank loans toward 29,000 Rubin GPUs, enough for 100 MW split between sites in Malaysia and India. It puts the whole build at $6 billion, expects $300 million of advance payments from customers, and calls itself among the "largest committed buyers" of Rubin outside North America. No lenders are named. SourcesBB
Sources
- BIndian AI firm seeks to raise $3 billion debt to buy Nvidia chips (CNBC)cnbc.com
- BIndian AI firm seeks $3 billion financing for Nvidia chips order (Bloomberg)bloomberg.com
This story ran in the Afternoon Brief of October 30th 2026.