General Compute Secures Up to $400 Million in Debt Backed by Inference Chips

General Compute has secured a debt facility of up to $400 million from Upper90, using AI inference chips as collateral. The facility begins at $100 million and can grow with customer demand, extending chip-backed financing beyond the Nvidia GPUs that have typically anchored such deals. The company’s financing announcement describes the facility as committed; it does not mean the full $400 million is being drawn immediately.