gmicloud

Getting The Next Web’s attention: GMI Cloud, co-invested by Nvidia, has just raised about $668 million—of which Series B equity is about $223 million (ARCHIV leading the round), with an additional roughly $445 million in credit facilities led by CTBC.

The company says contracted ARR has exceeded about $600 million, up more than 9 times from the end of 2025; its inference platform processes roughly 4 trillion tokens per week. The funding will be used to expand GPU production capacity in the U.S., Taiwan, and across Asia-Pacific. Customers include Fireworks, OpenRouter, Nous Research, and others.

The Information Daily (信息报) also wrote that it is one of only seven companies that builds its cloud fully according to Nvidia’s specifications. The power-plant well is still being drilled deeper—and deeper.

#AI #GPU #GMICloud $NVDA