AI TRENDS | USD.AI Plans Joint Venture With BSQ Capital to Finance AI Computing in Asia-Pacific

USD.AI said it is forming a joint venture with BSQ Capital Partners to finance AI computing capacity across the Asia-Pacific region, with an initial target of $300 million in GPU-backed financing and a plan to scale to $1 billion as performance milestones are met. According to Foresight News, the partnership agreement names BSQ Capital Partners as the investment manager responsible for originating and managing transactions across major Asia-Pacific markets, including Australia, Japan, South Korea, Southeast Asia, and India. USD.AI will provide financing capital and use its programmatic underwriting platform and technology to convert high-performance computing hardware into financeable collateral.