GMI Cloud 获 6.68 亿美元融资,加速 AI 算力跨区域扩张

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新云(Neocloud)赛道的融资热度仍在延续。台湾地区算力服务商 GMI Cloud 近日宣布完成 6.68 亿美元融资,其中包括由 ARCHIV 领投的 2.23 亿美元 B 轮股权融资,以及由 CTBC 牵头提供的 4.45 亿美元信贷额度。值得注意的是,Nvidia、趋势科技、KT 等产业资本出现在投资方名单中,凸显出芯片厂商与电信运营商正加速向 AI 算力基础设施层面渗透。GMI Cloud 表示,此轮资金将用于支持其在美国、台湾及亚太其他地区的产能扩张,并推进自研推理服务与团队扩充。

股权加债权的组合打法

这笔融资的结构颇值得玩味。2.23 亿美元股权融资之外,更大比例的资金来自 4.45 亿美元的债务工具——由台湾中型商业银行 CTBC 牵头。对重资产的算力服务商而言,这种“股权 + 债权”的组合并不罕见:股权融资支撑估值与技术投入,债权融资则将 GPU 资产和客户合同转化为可抵押的现金流,缓解股权稀释压力。

事实上,这并非 GMI Cloud 首次尝试债务融资。此前市场消息显示,该公司曾寻求至多 6.35 亿美元以客户合同为担保的贷款,专门用于台湾桃园的 AI 工厂项目。GMI Cloud 于 2025 年 11 月宣布在桃园投资 5 亿美元建设数据中心,计划部署约 7000 块 Nvidia GB300 GPU,这也是其在亚太地区算力版图的核心落子。

【关键数据】

- 融资总额: 6.68 亿美元

- B 轮股权融资: 2.23 亿美元(ARCHIV 领投)

- 信贷额度: 4.45 亿美元,CTBC 牵头

- 桃园数据中心投资: 5 亿美元

- GPU 部署规模: 约 7000 块 Nvidia GB300

GMI Cloud

产业资本入局背后的算力逻辑

投资方名单中的两个名字值得关注。Nvidia 的持续加码,反映其“硬件 + 生态”战略的延伸——通过投资绑定优质 GPU 采购方,既锁定订单又培育下游生态;韩国电信运营商 KT 的参与,则暗示传统电信企业正在寻找 AI 时代的第二增长曲线,与算力服务商的资本联姻是可选路径之一。此外,趋势科技、KB Investment、Kyobo Life 等来自安全、金融领域的投资方,也显示出 AI 基础设施资产的吸引力已跨越单一科技圈层。

GMI Cloud 创始人兼 CEO Alex Yeh 的表态直指核心:“客户扩张的速度前所未有,他们需要跟得上节奏的基础设施。”这句话背后是 AI 推理需求爆发带来的算力缺口。与训练集群不同,推理工作负载对时延和分布式部署要求更高,这也解释了 GMI Cloud 为何将资金重点投向推理服务开发——推理正成为新云厂商差异化竞争的关键战场。

新云赛道洗牌加速

从更宏观的视角看,GMI Cloud 的此轮融资是新云行业格局演化的一个缩影。过去两年,CoreWeave、Lambda、Crusoe 等一批独立算力服务商凭借 GPU 集群服务快速崛起,但也面临超大规模云厂商下场竞争和债务杠杆过高的双重压力。能否锁定长期客户合同、构建推理服务等增值能力,将决定这一赛道玩家的最终存活名单。GMI Cloud 手握 Nvidia 生态资源与亚太区位优势,其跨区域扩张的执行效果值得持续追踪。


出处:GMI Cloud raises $668m in funding

英文原文
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The company today revealed that it had secured $223m in equity for its Series B funding round led by ARCHIV, as well as a $445m credit facility led by CTBC. [](https://media.datacenterdynamics.com/media/images/20260317220812_226_500.original.jpg) – GMI Cloud Other participants include Nvidia, DSC Investment, Trend Micro, KB Investment, Kyobo Life, and KT Corporation. GMI will use the funding to support its capacity expansion in the US, Taiwan, and the wider APAC region, and to develop GMI's inference services and support future hiring. "Our customers are scaling faster than ever, and they need infrastructure that keeps pace," said Alex Yeh, founder and CEO, 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." The funding comes a few months after GMI was reportedly seeking up to $635m in loans backed by its customer contracts. That funding was set to go specifically towards GMI Cloud's AI factory project in Taoyuan, Taiwan. GMI announced it would be establishing a [$500m](https://www.datacenterdynamics.com/en/news/gmi-cloud-to-establish-500m-data-center-in-taiwan/) data center in the city in November 2025, aiming to deploy around 7,000 Nvidia GB300 GPUs across 96 racks and offer a power capacity of around 16MW. The cluster will be housed within a Vantage Data Centers facility. GMI, founded in 2023, also operates data centers in the US, elsewhere in Taiwan, and in Singapore, Thailand, and Japan. The company launched a [$12bn](https://www.datacenterdynamics.com/en/news/gmi-cloud-launches-12bn-sovereign-ai-infrastructure-initiative-in-japan/) sovereign AI infrastructure initiative in the latter country in March of this year, and is also working with [Magna AI](https://www.datacenterdynamics.com/en/news/gmi-cloud-and-magna-ai-partner-on-global-network-of-sovereign-ai-factories/) on a global network of "sovereign AI factories." In November 2024, it secured [$82m](https://www.datacenterdynamics.com/en/news/gmi-cloud-secures-82m-in-series-a-funding-for-ai-cloud/) in Series A funding. The company counts among its customers Fireworks, Higgsfield, Nous Research, OpenRouter, Reflection, Cartesia, Trend Micro, and Utopai Studios. Stay ahead of the latest cloud & hybrid channel trends. Subscribe to DCD. 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