GMI Cloud secures NT$14.05 billion loan for Taiwan's first AI factory

CTBC Bank and GMI Cloud announced on October 1 the closing of an NT$14.05 billion (about US$445 million) syndicated credit facility to fund Taiwan's first AI factory.

• Syndicated credit facility totals NT$14.05 billion (about US$445 million)
• CTBC Bank and GMI Cloud closed the deal on October 1
• Funds will finance Taiwan's first AI factory