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QumulusAI Expands Closed Lease Financing With TFC to $123.6 Million, Funding Its NVIDIA Blackwell GPUs Without New Equity
ATLANTA--(BUSINESS WIRE)---- $QMLS #NASDAQ--QumulusAI (Nasdaq: QMLS), a neocloud infrastructure provider purpose-built for the AI computing era, today announced it has expanded its equipment lease financing with Tech Finance Co., LLC (“TFC”) to approximately $123.6 million, up from the $26.0 million announced May 7, 2026. The three-year leases fund NVIDIA Blackwell GPUs the company announced purchasing in May and July 2026. TFC financed 85% to 90% of equipment cost on each lease schedule, and customer deposits f
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