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QumulusAI Secures $500M Blockchain-Backed Facility to Scale AI Compute Infrastructure

CoinDesk•Thursday, October 9, 2025 at 10:01:28 AM
PositiveCryptocurrency
QumulusAI Secures $500M Blockchain-Backed Facility to Scale AI Compute Infrastructure
QumulusAI has successfully secured a $500 million blockchain-backed facility aimed at scaling its AI compute infrastructure. This significant funding will enable the company to enhance its capabilities in artificial intelligence, which is crucial as demand for AI solutions continues to grow. By leveraging blockchain technology, QumulusAI is positioning itself at the forefront of innovation in the tech industry, making this development not only a win for the company but also a noteworthy advancement for the future of AI.
— Curated by the World Pulse Now AI Editorial System
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