GMI Cloud secures NT$14.05 billion loan for AI factory

T2Covered by 1 source · first reported by JP/KR/TW: Korea Herald / Taipei Times / DigiTimes at 02 Oct, 01:30 UTC

CTBC Bank and GMI Cloud on October 1 announced the closing of an NT$14.05 billion (about US$445 million) syndicated credit facility to fund Taiwan's first AI factory. The deal is the first in Taiwan to fully back GPU financing with a commercial banking syndicate.