Hardware
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)
Phoebe Liu / The Information: 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 — GMI Cloud,
Phoebe Liu / The Information: 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 — GMI Cloud, a five-year-old provider of Nvidia chip servers to enterprises, said Wednesday it raised 668 million in equity and debt financing.
Related
- Sources: AI cloud computing provider Lambda raised ~$1B of private short-dated debt to finance the purchase of Nvidia GPUs, which will be leased by Microsoft (Emily Graffeo/Bloomberg)
- RunPod, which rents access to non-Nvidia servers, raised 100M led by Summit Partners at a 1B valuation, a source says up from $100M after its seed in 2024 (Stephanie Palazzolo/The Information)
- Sources: AI cloud computing provider Lambda is selling a $917M leveraged loan to finance the purchase of GPUs as part of a contract with Nvidia (Bloomberg)
Source: Techmeme | 2026-09-30