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On-demand GPU infrastructure startup GMI Cloud raises $263M to fuel global expansion

On-demand GPU infrastructure startup GMI Cloud raises $263M to fuel global expansion - SiliconANGLE

Tarun Mottlia

Via SiliconANGLE

·Excerpt
On-demand GPU infrastructure startup GMI Cloud raises $263M to fuel global expansion
Image: SiliconANGLE

On-demand GPU infrastructure startup GMI Cloud raises $263M to fuel global expansion

Taiwan-based neocloud GMI Cloud Inc. wants to capitalize on what it says is an “unprecedented” demand for artificial intelligence computing power after raising a massive $663 million in funding from two sources.

The startup said today it has just closed on a $223 million Series B round of funding led by the robotics and AI-focused investment firm ARCHIV, with participation from Nvidia Corp., Redwood, DSC Investment, KT Corp…

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