USD.AI approves a financing limit of up to 500 million USD in GPUs to Sharon AI

According to the official announcement from USD.AI, USD.AI has approved a maximum asset-backed, non-recourse debt limit of $500 million to the Australian AI computing provider Sharon AI, financing GPU deployments through an on-chain credit system with stablecoin liquidity; the first tranche of approximately $65 million is expected to be utilized as early as possible.