By Dorian
GPU-BACKED LOANS IN 60 SECONDS
What it is: a loan to buy AI chips, where the chips and the customer contract they serve are pledged to the lender.
Who borrows: GPU cloud companies, often called neoclouds. CoreWeave, IREN, Lambda, Nebius and Fluidstack are the big names.
Who lends: private credit funds, bank syndicates and, more and more, insurance…
