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AMD is providing a $300 million loan guarantee to Crusoe to facilitate the purchase and deployment of AMD's AI chips. This loan, arranged through Goldman Sachs, offers a 6% interest rate, lower than what Crusoe could secure independently.

The funding will support the acquisition of AMD chips for a new data center in Ohio, constructed by Canadian developer 5C with Brookfield's support. Should Crusoe struggle to attract enough clients, particularly in AI development, AMD plans to lease its chips back.

This partnership signifies the increasing competition among semiconductor manufacturers to bolster AI infrastructure, mirroring NVIDIA's strategies in financial support and leasing arrangements. NVIDIA has also invested significantly in Crusoe, contributing to a $600 million Series D round in late 2024 and a $1.375 billion Series E round in October 2025, valuing Crusoe at over $10 billion.