# credit facility

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## On-demand GPU infrastructure startup GMI Cloud raises $263M to fuel global expansion

DevFeed: [On-demand GPU infrastructure startup GMI Cloud raises $263M to fuel global expansion](<https://devfeed.tech/articles/on-demand-gpu-infrastructure-startup-gmi-cloud-raises-263m-to-fuel-global-expansion-62525.md>)

Original publisher: [Read original article](<https://siliconangle.com/2026/09/30/on-demand-gpu-infrastructure-startup-gmi-cloud-raises-263m-to-fuel-global-expansion/>)

Author: Mike Wheatley

Published: 2026-09-30T13:00:57Z

Content type: news

Language: en

Sources: [SiliconANGLE](<https://devfeed.tech/sources/siliconangle.md>)

Topics: [baseten](<https://devfeed.tech/topics/baseten.md>), [Cloud](<https://devfeed.tech/topics/cloud.md>), [autoscaling](<https://devfeed.tech/topics/autoscaling.md>), [Deployment & Scaling](<https://devfeed.tech/topics/deployment-scaling.md>), [CUDA-X](<https://devfeed.tech/topics/cuda-x.md>)

Tags: [ai-infrastructure](<https://devfeed.tech/tags/ai-infrastructure.md>), [ai-infrastructure-as-a-service](<https://devfeed.tech/tags/ai-infrastructure-as-a-service.md>), [ai-training](<https://devfeed.tech/tags/ai-training.md>), [ai-workloads](<https://devfeed.tech/tags/ai-workloads.md>), [alex-yeh](<https://devfeed.tech/tags/alex-yeh.md>), [cloud-infrastructure](<https://devfeed.tech/tags/cloud-infrastructure.md>), [coreweave](<https://devfeed.tech/tags/coreweave.md>), [credit-facility](<https://devfeed.tech/tags/credit-facility.md>), [data-centers](<https://devfeed.tech/tags/data-centers.md>), [fund-raise](<https://devfeed.tech/tags/fund-raise.md>), [funding](<https://devfeed.tech/tags/funding.md>), [gmi-cloud](<https://devfeed.tech/tags/gmi-cloud.md>), [gpu-infrastructure](<https://devfeed.tech/tags/gpu-infrastructure.md>), [gpus](<https://devfeed.tech/tags/gpus.md>), [gpus-on-demand](<https://devfeed.tech/tags/gpus-on-demand.md>), [infra](<https://devfeed.tech/tags/infra.md>), [infrastructure](<https://devfeed.tech/tags/infrastructure.md>), [kubernetes](<https://devfeed.tech/tags/kubernetes.md>), [nebius-group](<https://devfeed.tech/tags/nebius-group.md>), [neocloud](<https://devfeed.tech/tags/neocloud.md>), [news](<https://devfeed.tech/tags/news.md>), [series-b](<https://devfeed.tech/tags/series-b.md>), [the-latest](<https://devfeed.tech/tags/the-latest.md>), [top-story-5](<https://devfeed.tech/tags/top-story-5.md>)

### AI overview

GMI Cloud raised a $223 million Series B and secured a $440 million credit facility to expand its AI infrastructure business. Its Kubernetes-based Cluster Engine provisions GPU clusters for training and inference workloads, and the company highlights its data center presence in Asia-Pacific as an advantage for regional customers.

### Source excerpt

Taiwan-based neocloud GMI Cloud Inc. wants to capitalize on what it says is an "unprecedented" demand for artificial intelligence computing power after raising a massive $663 million in funding from two sources. The startup said today it has just closed on a $223 million Series B round of funding led by the robotics and AI-focused [...] The post On-demand GPU infrastructure startup GMI Cloud raises $263M to fuel global expansion appeared first on SiliconANGLE.