Financing ·
Duos Technologies Group, Inc. announced that USD.AI provided $98.1 million in asset-based financing to its subsidiary…
DUOTDuos Technologies Group, Inc.
Duos Technologies Group, Inc. announced that USD.AI provided $98.1 million in asset-based financing to its subsidiary, Duos Edge AI – GPUaaS, LLC, via a three-year debt facility to support NVIDIA B300 GPU deployment. The financing is secured by the GPUs and related equipment, and is expected to close upon GPU installation within the next 30 days. Duos Technologies Group, Inc. provides AI-driven infrastructure and edge computing solutions.