GPU cloud provider GMI raises $668M from Nvidia and others

GMI Cloud, a five-year-old provider of Nvidia chip servers to enterprises, raised $668 million in equity and debt financing. The round shows Nvidia continues to back smaller cloud providers that promote its chips.

• GMI Cloud raised $668 million in equity and debt financing
• Nvidia and other investors participated in the round
• GMI Cloud has supplied Nvidia-based servers to enterprises for five years