GPU Cloud Startup gmi_cloud Raises $668M Series B Led by ARCHIV, With NVIDIA Participating
_jaydeepkarale · x · 2026-09-30
GPU cloud provider gmicloud announced a $668M Series B led by ARCHIV with participation from NVIDIA. The capital will expand GPU capacity across the U.S., Taiwan, and APAC and scale its inference platform. The company says contracted ARR has grown more than 9x since the end of 2025.
Related event: GMI Cloud Raises $668M Series B with NVIDIA Backing(4 posts)→
More from Venture
- NVIDIA reportedly in talks with insurers to back loans secured by its AI chips — Paimaamu · 2026-09-30
- UK's Zenithon raises $10M to build world models for extreme physics: rockets, fusion and fabs — roydanroy · 2026-09-30
- a16z leads $7.5M pre-seed for Aleph Surgery to build a scalable robotic surgeon — a16z · 2026-09-30
- Coinbase agent trading volume hits ATH as Grok dominates with 43.2% share — kleffew94 · 2026-09-30
- Study of 395 PE funds: VC returns fall with fund size, and fundraising success doesn't predict performance — MartinGTobias · 2026-09-30
- Google reportedly pays ~100 publishers for AI search contributions, one earned $1M+ — The Verge AI · 2026-09-30