GMI Cloud

#8of 51 neoclouds · score 45.6/100

Mountain View GPU cloud with NVIDIA capacity in the US and Asia, selling H100, H200 and Blackwell instances plus an inference engine. It raised a $668M equity and credit package in September 2026. Sources below.

HQ US Founded 2021 PrivateUSAsia-Pacific

Verified

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How GMI Cloud scores

Weights and formula
SignalValuePointsWeightAdds
ClusterMAX tier Silver 70.0 30% 21.0
Contracted power Not disclosed 0.0 20% 0.0
Contracted backlog Not disclosed 0.0 15% 0.0
Capital raised $668M 62.5 15% 9.4
GPUs 30,000 72.7 10% 7.3
Named customers 8 named 80.0 10% 8.0
Composite score (rank #8 of 51)45.6

This dataset has no verified contracted power or contracted backlog, so those signals score 0. A sourced figure sent to hello@neocloudrankings.com goes straight into the next build.

Signals and facts

Source per value
ClusterMAX Tier in SemiAnalysis ClusterMAX 3.0 (23 Sep 2026), the public hands-on rating of GPU clouds. Medal tiers run Platinum, Gold, Silver, Bronze; Participation Ribbon sits between Bronze and Underperforming. Underperforming and Unavailable are the two groups SemiAnalysis lists under "Not Recommended": Unavailable covers providers it could not test or judged too small to rate. Empty when the provider is not listed.
Silver 3
Contracted power MW Power the company states as contracted, secured or committed in its portfolio, in MW. Speculative pipeline and planned campuses are excluded; the power note quotes the company's own word for it.
Not published
Active power MW Power the company states as active, live, operational or managed today, in MW.
Not published
Power note What the power figures cover, the as-of date, and targets or planned campuses that are not counted.
Not published
Backlog $M Contracted revenue backlog, remaining performance obligations or total contracted value as the company states it, in USD millions.
Not published
Backlog note Which backlog measure the company uses and its as-of date.
Not published
Quarterly revenue $M Latest reported quarterly revenue, in USD millions, from the company's results release or filing. Company-level unless the note says otherwise.
Not published
Stated ARR $M Annualized run-rate revenue exactly as the company states it, in USD millions. We never annualize a quarter ourselves.
Not published
Revenue note Period, basis and any revenue targets the company has stated.
Not published
GPUs GPUs deployed, owned or under contract as the company states it.
30,000 4
GPU note What the GPU figure counts and when it was stated.
30,000+ GPUs deployed, as stated on the current About page; no fleet as-of date supplied (read 11 Nov 2026). 4
Capital raised $M Equity and debt raised, in USD millions: the total when the company states one, otherwise the rounds and facilities named in the capital note.
668 1
Capital note Exactly which rounds, notes or facilities the capital figure covers, with dates.
$223M Series B led by ARCHIV with NVIDIA participating, plus a $445M credit facility led by CTBC, 30 Sep 2026. 1
Customers Customers named publicly by the company, in its filings or in reputable press.
Higgsfield, Nous Research, OpenRouter, Reflection, Cartesia, Trend Micro, Utopai Studios, Fireworks AI 1
Ownership Publicly listed, privately held, or a subsidiary of another company.
private 1
Ticker Exchange and ticker symbol for listed companies.
Not published
Parent Owner or majority shareholder when the neocloud is part of another group.
Not published
Quarterly capex $M Latest disclosed quarterly capital expenditures, in USD millions. Context only; excluded from the composite score.
Not published
Capex note Period and scope of capital expenditures, including whether figures are actuals or guidance.
Not published
GPU models Hardware advertised or tested, with reservations and future availability explicitly noted. Context only; not a fleet count or scoring input.
NVIDIA H100, H200 and Blackwell (Blackwell shown as pre-order on the home page). 5
Operating footprint Company or service geography as sourced; a general cloud footprint does not guarantee GPU stock in each region.
US, Europe and Asia-Pacific (company regional footprint; GPU availability varies). 4
Deployment and orchestration Available provisioning and cluster management services; future features are labelled as such.
Not published
Cluster interconnect Published cluster network technology or bandwidth; not a measured service-quality claim.
Not published
Capacity scope Partner supply, network coverage and other non-fleet capacity signals excluded from GPU scoring.
Not published

Sources

  1. GMI Cloud raises $668 million (Pulse 2.0) accessed 2026-11-11
  2. GMI Cloud accessed 2026-11-11
  3. ClusterMAX 3.0 (SemiAnalysis, 23 Sep 2026) accessed 2026-11-11
  4. GMI Cloud About: GPUs deployed and regional footprint accessed 2026-11-11
  5. GMI Cloud hardware availability accessed 2026-11-11

GPU prices, regions and services for GMI Cloud: GMI Cloud on Neocloud Companies.

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