GMI Cloud Raises Over $660 Million to Accelerate Global AI Infrastructure Expansion

GMI Cloud, an AI-native cloud provider specializing in high-performance GPU infrastructure and inference services, has secured $668 million in new financing. This funding, comprising $223 million in Series B equity and a $445 million credit facility, will be used to expand GPU capacity across the United States, Taiwan, and Southeast Asia. The Series B round was led by ARCHIV, an AI and robotics investment firm, with participation from NVIDIA, reflecting the growing demand for AI compute infrastructure globally.