Megadose AI progress, ranked and analyzed.

GPU cloud provider GMI Cloud raised $668M, including $223M in equity led by ARCHIV with participation from Nvidia and $445M in credit led by Taiwanese bank CTBC (Phoebe Liu/The Information)

Techmeme ·
GMI Cloud’s new financing is mostly debt, with Nvidia joining the equity round.

The GPU cloud provider raised $668 million in total. The round includes $223 million in equity led by ARCHIV, with Nvidia participating. Another $445 million came through credit led by Taiwanese bank CTBC. Techmeme's note

score 8

Categories: Money & Moves