QumulusAI (QMLS) Boosts Equipment Lease Financing to $123.6M for

QumulusAI (QMLS) expanded its equipment lease financing with Tech Finance Co. to $123.6M for NVIDIA Blackwell GPUs, up from $26M in May 2026. The 3-year leases cover GPU purchases for AI infrastructure, with TFC funding 85-90% of costs. QumulusAI avoids equity dilution and retains flexibility to acquire or return equipment at lease end.

QumulusAI (QMLS) increased its lease financing with TFC to $123.6M from $26.0M to fund NVIDIA Blackwell GPUs, using a capital-light model with no new equity.

QumulusAI (QMLS) completed its NVIDIA B300 GPU deployment under a $71.9M agreement, with $523.4M in signed contracts, up 85% from Q2 2026. Active capacity is 8MW, with more planned. CEO notes revenue follows deployment. All capacity is contracted.

QumulusAI (QMLS) completed a $71.9M deal with NVIDIA and reported $523.4M in signed customer contracts. The company's active capacity is 7 MW, with plans to reach 8 MW by month-end and 3.75 MW in Atlanta by early 2027.

QumulusAI (QMLS) announced all 11.75 MW of its contracted computing capacity is sold, with 7 MW active and generating revenue. 1 MW will be handed off by month-end, and 3.75 MW is scheduled for early 2027. The contracts represent $209 million in annual recurring revenue. The company's signed customer contracts total $523.4 million, up 85% from Q2 2026.

QumulusAI (QMLS) shares fell 15% in early trading, erasing premarket gains, despite announcing $240.9M in new Nvidia GPU deals. The contracts, with two AI inference customers, total $344M and include extension options. CEO Maniscalco noted long-term planning and cash backing for GPU capacity.