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JP Morgan Leads $5 Billion Debt Package for Volta AI Data Centers

Guavy AI Editorial Team
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JPM
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JPMorgan Chase & Co. is leading a $5 billion debt package to fund Volta Infra Holdings Ltd.'s expansion of AI data centers.

The artificial intelligence cloud company secured $300 million in venture funding earlier this month, valuing it at $2.4 billion, to help a wider mix of technology firms access costly AI chips.

JPMorgan has begun discussing the debt package with lenders, gauging early interest in investing in the transaction.

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