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USD.AI approves providing up to $500 million GPU financing limit to Sharon AI
Mars Finance reports that, according to the official announcement from USD.AI, USD.AI has approved providing up to $500 million in asset support and non-recourse debt capacity to Australian AI computing power provider Sharon AI, using on-chain credit systems and stablecoin liquidity for GPU deployment financing; the first tranche of approximately $65 million is expected to be utilized at the earliest.