Korean venture capital firms KB Investment and DSC Investment led a $668 million Series B funding round for AI cloud provider GMI Cloud, alongside NVIDIA.
GMI Cloud secured $668 million in Series B funding with participation from domestic venture capitalists including KB Investment and DSC Investment. The investment aims to respond to growing demand for AI computing and expand into the U.S. and Asian markets.
GMI Cloud offers high-performance GPU infrastructure and AI inference services, with annual recurring revenue expected to increase more than ninefold due to rising GPU computing demand. Key clients include Fireworks and Higgsfield.
The funds will be used to enhance GPU supply capabilities in Asia-Pacific regions and improve inference service offerings, leveraging GMI Cloud's strengths in both markets.
Douzone Bizon · Oct 2, 2026 10:06 KST
AI illustrationSolomontech · Oct 1, 2026 10:20 KST
LG CNS · Oct 1, 2026 10:00 KST
MondrianAI · Oct 1, 2026 08:40 KST
QuantumAI · Oct 1, 2026 08:05 KST
Miro · Sep 30, 2026 17:25 KST
