USD.AI Raises $13 Million to Revolutionize AI Funding with GPU-Backed Loans

USD.AI, a stablecoin protocol pioneering innovative financial solutions, has announced a successful Series A funding round of $13 million. This investment will fuel the company’s groundbreaking approach to AI funding by offering GPU-backed loans. The funding was led by Framework Ventures, with key participation from industry giants Dragonfly and Arbitrum. This move promises to significantly impact the AI landscape, streamlining access to capital for companies in the growing field of artificial intelligence. USD.AI’s innovative model offers a speedier alternative to traditional lending processes, allowing for faster access to funds required for AI company growth. 10X faster approvals are offered by leveraging GPU hardware as collateral, removing the usual complexities and bottlenecks associated with financing. The public launch is planned with an Initial Coin Offering (ICO) and a novel game-based allocation strategy, aiming to engage a wider community. USD.AI’s commitment to driving innovation within the AI sector promises to reshape how capital is managed for cutting-edge technologies.