GPU Borrowers and Compute Buyers

Who borrows against GPUs, who buys the compute, and on what terms.

Discuss a transactionGPU Financing Tracker

Each page pulls one company's rows from the GPU Financing Tracker and the Offtake Tracker, the debt in its latest filing where it files with the SEC, and where they exist its mining sites and AI leases, inference serving and stock listing.

Companies

Neocloud operators are only partly included here. The full list of all 536 is in the Neocloud Directory.

CompanyTypeFinancingsDebt raisedContractsAlso
CoreWeaveNeocloud24$55.4B15Inference, Listed
Vantage Data CentersData center developer1$38B--
MetaHyperscaler1$27.3B6-
NebiusNeocloud5$13.5B4Inference, Listed
IRENMiner turned AI host9$13.3B3Sites, Listed
NscaleNeocloud12$11.5B6Sites
CrusoeAI campus developer8$10.8B1Sites, Inference
FirmusNeocloud1$10B--
xAIAI lab3$8.5B2-
Applied DigitalAI campus developer8$8B6Sites, Listed
Cipher DigitalMiner turned AI host6$6B3Sites
TeraWulfMiner turned AI host6$6B4Sites, Listed
Galaxy DigitalAI campus developer2$4.9B1Sites
LambdaNeocloud5$3.4B3-
Hut 8Miner turned AI host3$3.4B4Sites, Listed
Core ScientificMiner turned AI host3$3.3B3Sites
ZankoreNeocloud1$3.1B--
Sharon AINeocloud3$956M5Listed
DigitalOceanNeocloud1$725M-Inference, Listed
Northern DataNeocloud1$610M1Listed
GMI CloudNeocloud2$512M-Inference
QumulusAINeocloud1$500M--
VultrNeocloud2$329M--
Keel Infrastructure (Bitfarms)Miner turned AI host5$300M-Sites
Yotta Data ServicesNeocloud1$163M--
NexGen CloudNeocloud1$34M--
AnthropicAI lab--11-
GoogleHyperscaler--9-
OpenAIAI lab--9-
MicrosoftHyperscaler--8-
NVIDIAChipmaker--7-
FluidstackNeocloud1-6-
Amazon (AWS)Hyperscaler--4Inference
Riot PlatformsMiner turned AI host2-2Sites
MARA HoldingsMiner turned AI host1-2Sites, Listed
HIVE Digital TechnologiesMiner turned AI host--2Sites, Listed
OracleHyperscaler--2-
Soluna HoldingsMining host--2Sites, Listed
WhiteFiberMiner turned AI host--2Sites, Listed
Ionic DigitalMiner turned AI host1-1Sites
Sphere 3DBitcoin miner1-1Sites
BitdeerMiner turned AI host--1Sites, Listed
Bitzero HoldingsBitcoin miner--1Sites, Listed
CerebrasChipmaker--1Listed
CleanSparkMiner turned AI host--1Sites
CohereAI lab--1-
Digi Power XMiner turned AI host--1Sites
DMG Blockchain SolutionsBitcoin miner--1Sites
ESDS Software SolutionsCompute buyer--1-
Figure AICompute buyer--1-
HPEServer maker--1-
Hyperscale DataMiner turned AI host--1Sites
Jane StreetCompute buyer--1-
Mawson InfrastructureMiner turned AI host--1Sites
PerplexityAI lab--1-
Phoenix GroupBitcoin miner--1Sites
PoolsideAI lab--1-
PowerComputeMiner turned AI host--1Sites
PrometheusCompute buyer--1-
ReflectionCompute buyer--1-
SB EnergyData center developer--1-
Together AIInference platform--1Inference
VoltaNeocloud--1-
CangoBitcoin miner2---
Greenidge GenerationBitcoin miner2--Sites
American BitcoinBitcoin miner1---
Argo BlockchainBitcoin miner1---
Genesis Digital AssetsBitcoin miner1--Sites
VerdaNeocloud1---
AkashMLInference platform---Inference
Alibaba CloudCloud provider---Inference
Arkon EnergyMiner turned AI host---Sites
AtlasCloudInference platform---Inference
AtosCloud provider---Listed
Baidu QianfanCloud provider---Inference
BasetenInference platform---Inference
Bit DigitalMiner turned AI host---Listed
Blockware SolutionsMining host---Sites
BluSky AINeocloud---Listed
Boost RunNeocloud---Listed
CanaanBitcoin miner---Sites
ChutesInference platform---Inference
CloudflareCloud provider---Inference, Listed
DarkbloomInference platform---Inference
DatasectionNeocloud---Listed
DecartAI lab---Inference
DeepInfraInference platform---Inference
DekaLLMInference platform---Inference
E2E NetworksNeocloud---Listed
EdgeModeBitcoin miner---Sites
FireworksInference platform---Inference
FriendliInference platform---Inference
Giga EnergyMining host---Sites
GroqChipmaker---Inference
HashlabsMining host---Sites
InceptronInference platform---Inference
IndosatSovereign AI cloud---Listed
inference.netInference platform---Inference
InfomaniakCloud provider---Listed
io.netInference platform---Inference
IONOSCloud provider---Listed
KDDISovereign AI cloud---Listed
LanciumMiner turned AI host---Sites
MakoraInference platform---Inference
MancerInference platform---Inference
Merkle StandardBitcoin miner---Sites
MistralAI lab---Inference
ModalInference platform---Inference
MorphInference platform---Inference
New Era Energy & DigitalData center developer---Listed
NextBitInference platform---Inference
NEXTDCData center developer---Listed
NovitaAIInference platform---Inference
Open InferenceInference platform---Inference
OVHcloudCloud provider---Listed
ParasailInference platform---Inference
PhalaInference platform---Inference
Proact ITCloud provider---Listed
Reka AIAI lab---Inference
RelaceInference platform---Inference
RelianceSovereign AI cloud---Listed
Sail ResearchInference platform---Inference
SAKURA InternetSovereign AI cloud---Listed
Samsung SDSCloud provider---Listed
SATO TechnologiesBitcoin miner---Sites
SazminingMining host---Sites
Sify TechnologiesCloud provider---Listed
SiliconFlowInference platform---Inference
Simple MiningMining host---Sites
SingtelSovereign AI cloud---Listed
SK TelecomSovereign AI cloud---Listed
SoftBankSovereign AI cloud---Listed
SOLAIBitcoin miner---Sites
StreamLakeInference platform---Inference
Tata SuperComputeSovereign AI cloud---Listed
TELUSSovereign AI cloud---Listed
VeniceInference platform---Inference
WaferInference platform---Inference
West Data GroupBitcoin miner---Sites
YTL Power InternationalSovereign AI cloud---Listed

Debt raised counts new money in public deals since 2023. Financings and contracts include those reported by miners in filings and press.

Discuss a transaction

Looking to lend into GPU deals like these? Tell us what you finance and we will come back with the deals that fit.

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