USD.AI Unleashes $13M for AI Funding with Revolutionary GPU-Backed Loans

Key Points

1. USD.AI raised $13 million in Series A funding led by Framework Ventures, with participation from Dragonfly and Arbitrum, to support its GPU-backed loan model for AI companies.

2. GPU-backed loans use high-value GPUs as collateral, addressing the unique needs of AI companies by providing faster access to capital compared to traditional financing.

3. The platform achieved over 90% faster approval times during its private beta phase and collected $50 million in deposits, demonstrating strong market interest.

4. USD.AI plans a public launch featuring an Initial Coin Offering (ICO) and a game-based allocation strategy to engage a broader audience and community.

5. This innovative approach bridges decentralized finance (DeFi) and AI, potentially paving the way for other asset-backed lending solutions in the tech sector.