QumulusAI Secures $500M Blockchain-Backed Facility to Scale AI Compute Infrastructure

QumulusAI has successfully secured a substantial funding facility amounting to $500 million, which is backed by blockchain technology, in order to significantly enhance and expand its artificial intelligence compute infrastructure. This strategic financial move aims to bolster the company's capabilities and resources, enabling it to better meet the increasing demand for advanced AI solutions and services in a rapidly evolving technological landscape. source: https://www.coindesk.com/business/2025/10/09/qumulusai-secures-usd500m-blockchain-backed-facility-to-scale-ai-compute-infrastructure