SENSEX
NIFTY
GOLD
USD/INR

Weather

image 23    C

Business News

TNW

Business / TNW

details

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

GMI Cloud, a Mountain View company that rents out Nvidia GPU servers, has raised $668m in new financing, the company said on Wednesday. That is $223m of Series B equity and a $445m credit facility. The Taiwanese bank CTBC led the credit facility. ARCHIV, a new San Francisco firm that invests in AI and robotics, [] This story continues at The Next Web

1 Oct 2026 7:21 pm