Alex Yeh Co-Founded GMI Cloud Raises Over $660M in Funding

GMI Cloud, a Mountain View, CA-based provider of GPU infrastructure and inference services, has raised $668 million in funding, comprising $223 million in equity for Series B and a $445 million credit facility led by CTBC.

The Series B was led by ARCHIV, with participation from NVIDIA, DSC Investment, Trend Micro, KB Investment, Kyobo Life, KT Corporation, and others.

The company plans to use the funding to expand its capacity across the United States, Taiwan, and the wider Asia-Pacific region, grow its inference services, and support strategic hiring.

What is GMI Cloud?

GMI Cloud provides cloud infrastructure for companies developing and running artificial intelligence applications.

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Its platform combines GPU infrastructure, optimized inference services, and agent infrastructure in one cloud. This allows enterprises and developers to build, deploy, and scale AI applications.

The company serves customers that need AI computing capacity in the U.S. and Asia-Pacific while meeting local data and compliance requirements.

How Much Funding Has GMI Cloud Raised?

GMI Cloud has raised $668 million in its latest financing.

This includes:

• $223 million in Series B equity funding
• $445 million credit facility led by CTBC

The Series B was led by ARCHIV and included NVIDIA, DSC Investment, Trend Micro, KB Investment, Kyobo Life, KT Corporation, and other investors.

Who Invested in GMI Cloud’s Series B?

ARCHIV led GMI Cloud’s Series B funding round.

Other investors included NVIDIA, DSC Investment, Trend Micro, KB Investment, Kyobo Life, KT Corporation, and others.

The company also secured a $445 million credit facility led by CTBC.

Why the Funding Matters

GMI Cloud will use the funding to expand its computing capacity in the United States, Taiwan, and other APAC markets.

The company will also expand its inference services and make strategic hires as it grows its infrastructure and customer base.

Who founded GMI Cloud?

GMI Cloud was founded in 2021 by Alex Yeh.

The company is headquartered in Mountain View, California, and operates across the United States, Taiwan, and the wider Asia-Pacific region.

"Our customers are scaling faster than ever, and they need infrastructure that keeps pace," said Alex Yeh, Founder and CEO of GMI Cloud. "AI is driving a new renaissance and reliable compute is its foundation. Our goal is to build that foundation across continents, with an ecosystem of products on top of it."

"Capacity that arrives late is capacity we can't use," said Chenyu Zhao, co-founder of Fireworks. "GMI Cloud has been one of our strongest and most reliable providers across NVIDIA GB200 and GB300 NVL72 systems."

Market and Business Growth

GMI Cloud's contracted annual recurring revenue has grown to more than nine times its year-end 2025 level. Its live ARR in production has increased more than 4.5 times over the same period.

Its inference platform now processes approximately 4 trillion tokens per week.

Customers include Fireworks, Higgsfield, Nous Research, OpenRouter, Reflection, Cartesia, Trend Micro, and Utopai Studios.

What Happens Next?

GMI Cloud plans to expand its infrastructure capacity across the U.S., Taiwan, and APAC while growing its inference services.

The company will also continue strategic hiring as it scales its cloud infrastructure and supports growing demand for AI computing and inference.

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