GMI Cloud reportedly raises $223M Series B and secures $440M credit facility for AI GPU expansion
SiliconANGLE reports Taiwan-based neocloud GMI Cloud closed a $223 million Series B led by ARCHIV and secured a $440 million credit facility from ChinaTrust Commercial Bank for AI infrastructure expansion.
TLDR
SiliconANGLE reports that Taiwan-based neocloud GMI Cloud has closed a $223 million Series B led by ARCHIV and secured a $440 million credit facility from ChinaTrust Commercial Bank, for a reported total of $663 million from two sources. The company provides AI infrastructure for training and inference workloads, including on-demand access to Nvidia H100, H200 and Vera Rubin GPUs. SiliconANGLE also reports that GMI Cloud expects under-contract annual recurring revenue at year-end to be 10 times its December 2025 level, while realized ARR has risen five-fold over the past year. The outlet says the company’s inference platform processes more than 4 trillion tokens per week and lists customers including Higgsfield, OpenRouter, Nous Research, Fireworks AI and Trend Micro.
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