According to CoinMeta, ABN Amro (ING) is planning to sell a portfolio of data center loans totaling approximately $500 million in one go. Sources familiar with the matter said that this loan portfolio includes a $25 million loan related to a large data center in New Mexico, USA. This data center is part of the "Stargate" (Stargate) artificial intelligence infrastructure project, which is supported by OpenAI, SoftBank Group, and Oracle. ING is seeking buyers for 12 of these loans through a competitive bidding process. The loan portfolio also includes debts related to data center operators such as Vantage Data Centers and CyrusOne. This sale comes at a time when chip manufacturers and so-called "new cloud" companies are facing broader waves of selling off assets.