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AMD to backstop $300 million Crusoe loan, The Information reports

General • February 19, 2026

AMD to million-rusoe-loan-the-nformation-reports'>backstop $300 million Crusoe loan, The Information reports is drawing significant interest across the industry.

Feb 19 (Reuters) - Advanced Micro ?Devices is set to provide a $300 million loan guarantee for ?cloud computing startup Crusoe to buy and deploy its ?AI chips, The Information reported on Thursday, following in the footsteps of rival AI giant Nvidia .

Experts suggest this could influence future trends and innovation in the sector.

More updates are expected as the story develops.


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