Key facts
- Argentum AI is in talks for a $5 billion financing deal for AI chips.
- The funds will pay for additional chips for its data center in Poland.
- The debt is for chips leased to customers without investment-grade ratings.
- Argentum has secured over $12 billion in contracted revenue.
- The startup was founded in 2025 and is based in Chicago.
Super Micro-backed cloud computing firm Argentum AI is in discussions to secure $5 billion in financing for AI chips from a major private credit firm, according to sources familiar with the matter. The funds are intended to acquire additional chips for Argentum's data center in Poland, which it secured with DL Invest Group. This debt is specifically for chips leased to customers lacking investment-grade ratings. Argentum, founded in 2025 and based in Chicago, has already secured over $12 billion in contracted revenue. The company focuses on deploying large-scale GPU infrastructure for enterprise AI. In May, Argentum signed a $2.5 billion deal with cloud gaming firm Boosteroid and DL Invest for a 300-megawatt data center.