USD.AI Plans to Form Joint Venture with BSQ Capital Partners to Provide Financing for AI Computing in the Asia-Pacific Region

Foresight News reports that USD.AI announced via a tweet that it is forming a joint venture with BSQ Capital Partners, aimed at providing financing for AI computing in the Asia-Pacific region. The initial goal of the joint venture is to offer $300 million in GPU-backed financing, with plans to gradually scale up to $1 billion as performance milestones are achieved. According to the partnership agreement, BSQ Capital Partners will act as the investment manager, responsible for initiating and managing transactions in major Asia-Pacific markets, including but not limited to Australia, Japan, South Korea, Southeast Asia, and India. USD.AI will provide the financing capital and leverage its programmatic underwriting platform and technology to transform high-performance computing hardware into financeable collateral.