# Argentum AI seeks $5B credit deal for AI chips

> Argentum AI aims for $5 billion private credit to buy AI chips as neocloud funding tightens.
- Title: Argentum AI seeks $5B credit deal for AI chips · BigGo Finance
- Summary: Argentum AI aims for $5 billion private credit to buy AI chips as neocloud funding tightens. Argentum AI is negotiating a $5 billion private credit facility…
- Keywords: argentum ai, neocloud, private credit, ai chips, poland data center, dl invest group, space x, elon musk, coreweave, nebius, finance, markets
- Source: BigGo Finance — https://finance.biggo.com/news/1e5d6f3b-008d-4a1a-8e77-ae50d033f750
- Author: BigGo Finance
- Published: 2026-10-27T15:05:16+00:00
- Read time: 1 min
- Topics: argentum ai, neocloud, private credit, ai chips, poland data center, dl invest group, space x, elon musk, coreweave, nebius, finance, markets
## Argentum AI
Argentum AI, a Chicago-based cloud computing startup backed by Super Micro, is negotiating a $5 billion financing package with a large private credit firm to fund the purchase of AI chips.
## Poland data center
The company secured a Poland data center with DL Invest Group for $2.5 billion in May.
## Debt structure
Debt is secured by chips leased to non-investment-grade customers with no investment-grade rating.
## Contracted revenue
Argentum has over $12 billion in contracted revenue from long-term customer commitments.
## Neocloud credit tightens
Credit for neoclouds tightens as lenders grow more selective about AI infrastructure borrowers.
## SpaceX debt
SpaceX completed $40 billion debt financing for Nvidia AI chips with Apollo Global Management affiliate.
## CoreWeave scrutiny
CoreWeave faces investor scrutiny of roughly $50 billion in debt as shares and bonds fall.
## Nebius financing
Nebius secured $3.5 billion from Citi for data center development and GPU purchases.
## Key takeaway

Argentum AI is negotiating a $5 billion private credit facility to purchase AI chips for its Poland data center, amid tightening credit for neoclouds.