▶️ Watch on YouTube: https://youtube.com/shorts/b8e_u6nWSRA
🌐 Website: https://tekthrill.com
📺 Subscribe: https://youtube.com/@tekthrill
An Indian AI company wants to borrow up to $3 billion, just to buy Nvidia chips. 🇮🇳💸
On October 30, 2026, Bloomberg reported that AM Intelligence, a Hyderabad-based AI infrastructure firm set up by the founders of renewable energy company Greenko, is seeking to raise up to $3 billion through bonds and bank loans. CNBC and Business Standard carried the report.
What the reports say:
• The money would fund the company's previously announced purchase of Nvidia's next-generation Rubin GPUs.
• AM Intelligence says it will buy a total of about 29,000 Nvidia Rubin GPUs for AI factories in India and Malaysia (company release of October 5, as reported by CNBC).
• According to Bloomberg's sources, talks are at an early stage and terms could change.
• The firm also expects about $300 million in advance payments from potential customers (offtakers), the report said.
• A representative for AM Intelligence declined to comment to Bloomberg; it did not respond to CNBC.
Can India become a hub for AI computing? Tell us in the comments 👇
Try free AI tools 👉 https://tekthrill.com
Follow TEKTHRILL for daily AI and tech news! 🚀
Sources:
CNBC: https://www.cnbc.com/2026/10/30/nvidia-india-ai-chips-computing.html
Business Standard (Bloomberg): https://www.business-standard.com/companies/news/ai-firm-am-intelligence-seeks-3-billion-financing-for-nvidia-chips-order-126103000083_1.html
Bloomberg: https://www.bloomberg.com/news/articles/2026-10-30/indian-ai-firm-seeks-3-billion-financing-for-nvidia-chips-order
ETDatacenters: https://datacenters.economictimes.indiatimes.com/news/ai-compute-infrastructure/am-intelligence-orders-9000-nvidia-rubin-gpus-for-hyderabad-ai-factory/133528178
Images: screenshots of amintelligencegroup.com and cnbc.com; NVIDIA Vera Rubin product images and nvidia.com screenshot (NVIDIA).
Voice is AI-generated. The city skyline B-roll is an AI-generated clip (Google Veo), not footage of the company.
Keywords: AM Intelligence, AMI, Greenko, Nvidia Rubin, Vera Rubin NVL72, Rubin GPU, India AI infrastructure, AI data centre India, Hyderabad AI factory, AI compute, GPU financing, AI debt, Bloomberg, India AI news, tech news
#AMIntelligence #Nvidia #Rubin #IndiaAI #Hyderabad #AIInfrastructure #DataCenter #AI #AINews #TechNews #Tekthrill
