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InMobi secures $100 Mn debt financing for AI expansion

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InMobi, which offers mobile advertising network software, has secured $100 million in debt financing from MARS Growth Capital, a collaboration between MUFG and Liquidity Group. This investment is set to propel InMobi’s ambitious plans for artificial intelligence (AI) development and strategic acquisitions, the company said in a press release. It further aims to offer brands …

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