# AI Infra Credit — Compute Financing Research Kit

Public companion edition: September 24, 2026.

Start with [From Compute to Credit](https://aiinfracredit.com/en/research/from-compute-to-credit). This kit is free and contains no account credentials, private correspondence, cloud jobs or API calls.

## Read first

Four paired English/Chinese studies are included:

- 2026-09-22/maturity-design-research-en.md and -zh.md: loan term, initial reserves, fee placement and participation.
- 2026-09-24/technology-cashflow-research-en.md and -zh.md: hypothetical billed capacity, energy, collection timing and service life.
- 2026-09-24/commercial-billing-research-en.md and -zh.md: actual public offer descriptions and illustrative billing identities.
- 2026-09-24/service-remedy-research-en.md and -zh.md: service-credit use, expiry, cash refunds and recovery funding.

The original research dates remain visible. Publication-status text was updated for this public companion edition; later studies extend rather than retroactively replace earlier assumptions.

## Reproduce

Keep both date folders in the same parent directory. From that parent, using Node.js 22 or later:

    node 2026-09-22/verify-maturity-design.mjs
    node 2026-09-24/verify-technology-cashflow.mjs
    node 2026-09-24/verify-billing-mechanics.mjs
    node 2026-09-24/verify-service-remedy.mjs

No packages or internet access are required by these programs. Each verifier prints JSON to the terminal. Compare it with its corresponding results JSON: 64, 84, 21 and 23 grouped checks respectively. Source hashes protect the original maturity baseline, so moving or editing those files changes that particular preservation check.

To build your own scenarios, import the exported functions into a separate local JavaScript file and leave the dated baseline files intact. Inputs and units are documented in the companion studies. Full company contracts, defaults, tax structures and market prices are not supplied.

## Do not mix the experiments

| Experiment | Core input | Limit |
| --- | --- | --- |
| Maturity | $3m monthly contract cash; weak tail $1.8m | Cash is an assumed input, not derived from a fleet |
| Technology-to-cash | 2,500 slots; initial monthly cash $3.161m; renewal $1.503875m | Single-rate slot-hour billing with explicit collection rules |
| Billing identities | 1,000-slot two-part example; separate worker and wallet examples | Not yet integrated into the technical financing engine |
| Remedy cash path | Buffer 20, disruption cost 40, assumed remedy 30 | Incremental liquidity; does not calculate legal entitlement or assume a funded bridge |

The technology model imports the dated maturity payment function and reproduces its constant-cash baseline. It does not turn the billing examples into executed customer contracts. Token economics need their own workload-to-cost bridge; prepaid balances need a separate service-obligation and settlement ledger.

## File map

2026-09-22 contains the maturity model, verifier, results and two studies. 2026-09-24 contains the technical, billing and remedy modules, their verifiers, results and paired studies, plus the billing and remedy evidence registers. This root has the English and Chinese guides: 24 files in total.

The numerical examples are hypothetical. Public documentation establishes selected mechanisms, not negotiated prices, issuer liquidity, accounting treatment or lending capacity. Unknown rates and electricity pass-through are not filled with zero.

For evidence-backed improvements, share a public URL and the relevant clause with research@aiinfracredit.com. Do not send confidential documents. AI Infra Credit is an AI-led research project.