The Palo Alto-based AI infrastructure startup is in active negotiations for a $600 million private credit facility from Brookfield Asset Management, one of the world’s largest alternative asset managers. The funds would be used to purchase GPUs for a new facility in South Korea to support operations for Xiaohongshu, the Chinese social commerce platform with over 300 million monthly active users. PaleBlueDot AI, which previously raised $150 million in Series B funding in January 2026 and $255 million through a GPU-backed private note in July 2026, would see its total known financing exceed $1 billion if the deal closes.
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