# AM Intelligence seeks up to $3 billion to finance Nvidia chip purchase

_Published Thursday, October 29, 2026 at 11:06 PM EDT · AI, Infrastructure · Latest · Tier 2 — Notable_

Indian AI infrastructure firm AM Intelligence is seeking to raise as much as $3 billion to finance a previously announced purchase of Nvidia's next-generation chips, Bloomberg reported, citing people familiar with the matter. The financing effort would fund that existing purchase plan.

## Sources

- [Bloomberg Technology](https://www.bloomberg.com/news/articles/2026-10-30/indian-ai-firm-seeks-3-billion-financing-for-nvidia-chips-order)

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Canonical: https://techandbusiness.org/newswire/q9tLBdPhMMCtQepXwbPXWt
Published: 2026-10-30T03:06:41.647Z
Story chronology: 2026-10-30T01:34:10.000Z
Retrieved: 2026-10-30T06:00:55.381Z
Publisher: Tech & Business (techandbusiness.org)