PaleBlueDot AI Seeks $600M Private Credit From Brookfield to Fuel South Korea Chip Buying Spree

PaleBlueDot AI Seeks $600 Million Private Credit to Buy Chips

US-based PaleBlueDot AI is in talks with potential lenders including Brookfield Asset Management for $600 million of private credit to buy chips for its site in South Korea, according to people familiar with the matter.

PaleBlueDot AI seeks $600M private credit from Brookfield to fuel South Korea chip buying spree

PaleBlueDot AI is negotiating a $600 million private credit facility with Brookfield to buy GPUs for a South Korea site serving Xiaohongshu.