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USD.AI, the financing platform for AI compute assets, and BSQ Capital Partners have formed a joint venture targeting up to $300 million in GPU-backed financings for AI infrastructure across the Asia-Pacific region.
The partnership, announced June 30, 2026, carries a contractual path to scale total capacity to $1 billion — but only after defined performance milestones are met, a structure that keeps the upside earned rather than assumed.
Milestone-Gated Capital: How the Structure Works The joint venture's initial deployment ceiling is $300 million in GPU-backed financings.
The $1 billion figure is accessible only upon achievement of performance milestones, the specific terms of which were not detailed in the announcement.
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