The Ideological Schism in Crypto: From Cypherpunk Dreams to Corporate Realities
The Great Crypto Divide: When Vision Meets Corporate Expansion The recent announcement that Ethereum Foundation researcher Dankrad Feist is joining…
Tag: Token coin
QumulusAI Secures $500M Blockchain-Backed Facility for AI Compute Expansion
QumulusAI has secured a groundbreaking $500 million blockchain-backed facility to accelerate its AI compute infrastructure deployment. The innovative financing model allows the company to borrow stablecoins against tokenized GPU deployments through Permian Labs’ USD.AI protocol.
QumulusAI has announced a landmark $500 million blockchain-backed financing facility that represents a significant evolution in how artificial intelligence infrastructure projects secure capital. The non-recourse facility, arranged by Permian Labs, will enable the GPU cloud company to accelerate its compute infrastructure buildout through an innovative tokenization framework that transforms hardware assets into collateral for blockchain-based lending.