Woofun AI reports that General Compute, an AI inference startup, has secured a $400 million loan from Upper90. This transaction represents the first financing agreement to utilize inference-specific chips as collateral. The company employs SambaNova ASIC chips to construct a dedicated cloud platform. General Compute previously closed a $15 million seed round in May. The firm aims to process AI workloads with higher token speeds and lower latency than traditional GPU clouds, deploying infrastructure in existing data centers, including cryptocurrency mining facilities.