QumulusAI (QMLS) said Monday that it has bought 1,632 Nvidia (NVDA) Blackwell B300 GPUs to handle growing demand for high-performance artificial intelligence computing.
The deal was funded mainly through financing arrangements with Technology Finance and USD.ai, the company said. Terms of the deal were not provided.
The cloud infrastructure provider said the GPUs will be delivered through 204 Nvidia HGX B300 systems. Along with the B300 systems, the order also included 192 Nvidia RTX PRO 6000 Blackwell GPUs, the company added.
Shares of QumulusAI were down 13.1% in early Monday trading.
Price: $12.41, Change: $-1.87, Percent Change: -13.10%