Meta launches the biggest and best AI models it has ever built12m ago AMD puts 32,768 CPU cores in a rack built for AI agents29m ago Smug until weirdly silent: who told us to say “I am alive”?37m ago Anthropic's Claude AI submitted false murder tip to Philadelphia police37m ago How Anthropic’s Dynamic Workflows Coordinate Claude Agents40m ago Dell’s AI partner ecosystem adapts to Silicon Valley’s build-it-yourself buyers42m ago AWS Expands GPT-6 Access on Amazon Bedrock to Five Asia Pacific Regions46m ago Disney's new CTO tells staff he 'won't pretend it will be easy' to win in the changing media landscape49m ago OpenAI Adds New Irish Roles in Boost to Firm’s EU Headquarters51m ago Manifold Steering from a Natural State is Effective and Generalizable, but Relies on Model Accuracy52m ago Microsoft Research Introduces StudentSim for AI Tutor Training52m ago Why Big Tech Is Borrowing Billions to Fund AI Spending57m ago Meet the Anthropic Engineer Keeping Its AI Agent Trustworthy58m ago Meta Unveils New Series of Advanced A.I. Models2h ago

Meta launches the biggest and best AI models it has ever built12m ago AMD puts 32,768 CPU cores in a rack built for AI agents29m ago Smug until weirdly silent: who told us to say “I am alive”?37m ago Anthropic's Claude AI submitted false murder tip to Philadelphia police37m ago How Anthropic’s Dynamic Workflows Coordinate Claude Agents40m ago Dell’s AI partner ecosystem adapts to Silicon Valley’s build-it-yourself buyers42m ago AWS Expands GPT-6 Access on Amazon Bedrock to Five Asia Pacific Regions46m ago Disney's new CTO tells staff he 'won't pretend it will be easy' to win in the changing media landscape49m ago OpenAI Adds New Irish Roles in Boost to Firm’s EU Headquarters51m ago Manifold Steering from a Natural State is Effective and Generalizable, but Relies on Model Accuracy52m ago Microsoft Research Introduces StudentSim for AI Tutor Training52m ago Why Big Tech Is Borrowing Billions to Fund AI Spending57m ago Meet the Anthropic Engineer Keeping Its AI Agent Trustworthy58m ago Meta Unveils New Series of Advanced A.I. Models2h ago

Business & Enterprise Chips & Compute2 min reading time

Nvidia-backed GMI Cloud raises $668m as contracted revenue tops $600m

The Next WebPublished 11 days ago

Read the full article

GMI Cloud, a Mountain View-based Nvidia GPU server rental company, raised $668 million including $223 million in Series B equity and a $445 million credit facility. Its contracted annual recurring revenue has surpassed $600 million, growing ninefold since 2025, with plans to expand GPU capacity in the US and Asia-Pacific.

#archiv #cloud-computing #ctbc #fireworks #gmi-cloud #nvidia

More in Business & Enterprise

Business & Enterprise

Microsoft Prepares to Put Gigawatts of Its Chips in Data Centers

Covered by 6 sources6h ago

Business & Enterprise

OpenAI Adds New Irish Roles in Boost to Firm’s EU Headquarters

Covered by 2 sources2h ago

Business & Enterprise

IonQ to Buy Elisity for Up to $1.3 Billion to Bolster Cyber Unit

Covered by 2 sources8h ago