# QumulusAI Expands Closed Lease Financing With TFC to $123.6 Million, Funding Its NVIDIA Blackwell GPUs Without New Equity

- Source: Business Wire
- Published: 2026-10-22T11:30:00+00:00
- Category: Business
- Original: http://www.businesswire.com/news/home/20261022858080/en/QumulusAI-Expands-Closed-Lease-Financing-With-TFC-to-123.6-Million-Funding-Its-NVIDIA-Blackwell-GPUs-Without-New-Equity/?feedref=JjAwJuNHiystnCoBq_hl-WsGkFyUNMTSNrPsg57HLEqqcp-o_pnudlUwsb5apQ1S4gUE65BTfjH3-pSuqdv0gW3cb3F4oTIgUqCPafFkgu5AneicJQDNboWvodvG82E0
- Canonical: https://groundlevelnews.com/story/qumulusai-expands-closed-lease-financing-with-tfc-to-123-6-million-fun-e39f4b/

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 purch

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