Nvidia-backed GMI Cloud raises $668m as contracted revenue tops $600m
The Next Web
Read the full articleGMI 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.




