AM Intelligence plans to raise up to $3 billion in debt to buy Nvidia Rubin GPUs. It will use the chips for 100 MW of compute capacity across Malaysia and India. The firm expects $300 million in advance payments from offtakers. It will buy 29,000 Rubin GPUs for this phase. AM Intelligence also targets 400 MW of compute capacity within two years. The company is owned by Greenko’s founders. Rubin GPUs are tailored for agentic AI workloads. AM Intelligence is developing 5 GW of AI data centers globally. It aims to add 300 MW of capacity in the next 15 months. The investment for that phase exceeds $20 billion.
What changed
AM Intelligence had not secured financing for Rubin GPU purchases at this scale.
What it unlocks
Building 100 MW of AI compute capacity split across Malaysia and India.
- $3 billion debt raise
- $6 billion for 100 MW capacity
- 29,000 Rubin GPUs
- 400 MW compute capacity in two years
What you need to act on it
- debt financing finalization
- advance payments from offtakers
Sources