USD.AI approves up to $500 million GPU financing line for Sharon AI

PANews2026/01/23 02:17

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PANews reported on January 23 that, according to an official announcement from USD.AI, USD.AI has approved up to $500 million in asset-backed, non-recourse debt facilities for Australian AI computing power provider Sharon AI. Through an on-chain credit system, stablecoin liquidity will be used to finance GPU deployments. The earliest utilization is expected in Q1 2026, with the first batch amounting to approximately $65 million.

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