USD.AI's June $98.1M Duos facility was set to close after GPU delivery
A June SEC filing said the three-year facility was expected to close after delivery and installation of 2,304 B300 GPUs. USD.AI announced a larger $128.9M facility on September 23rd.
By RuntimeWire Staff · Published
Primary source: PR Newswire
Why it matters
The SEC filing lays out how the Duos financing separated GPU collateral and operations from the parent company: Edge GPU owned and operated the equipment, while Hydra Host managed it. That structure gives operators and investors concrete details to assess, even as the filing leaves the loan's pricing and later closing status undisclosed.
On June 5th, 2026, USD.AI, the GPU-backed lending protocol developed by Permian Labs, provided $98.1 million in asset-based financing to Duos Edge AI-GPUaaS, LLC, according to a Duos Technologies filing with the SEC.…
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