As artificial intelligence continues to rise in popularity across a range of industries, businesses are turning to providers of GPU infrastructure to support their AI technology needs. In response to this growing demand, GMI Cloud has raised an impressive $82 million in Series A funding. Led by Headline Asia with investments from strategic players like Banpu and Wistron, GMI Cloud is well-positioned to support the AI boom and help businesses access the crucial graphics processing units necessary for AI integration.
LG Innovation: GMI Cloud Secures $82 Million for AI Infrastructure
Artificial intelligence (AI) is rapidly transforming industries, driving demand for GPU infrastructure to support AI technology. GMI Cloud, a provider of GPU infrastructure, recently secured $82 million in Series A funding to meet this growing demand.
Background
AI has become an essential tool for businesses across sectors, including healthcare, finance, retail, and manufacturing. However, AI requires significant computational power, which is where GPUs come into play. GPUs are highly parallelized processors specifically designed for data-intensive tasks such as AI training and inference.
GMI Cloud's Funding
GMI Cloud's Series A funding round was led by Headline Asia, with investments from strategic players Banpu and Wistron. This funding will enable GMI Cloud to:
Top 5 FAQs
1. What is GMI Cloud?
GMI Cloud is a leading provider of GPU cloud infrastructure, offering high-performance computing resources for AI and machine learning applications.
2. Why is GMI Cloud raising funds?
GMI Cloud is raising funds to meet the increasing demand for GPU infrastructure as AI adoption accelerates. This funding will support its expansion plans to provide global coverage.
3. What is the significance of the funding amount?
The $82 million funding amount is a testament to the growing importance of AI infrastructure and the confidence investors have in GMI Cloud's ability to address this market need.
4. What are the key investors in GMI Cloud?
Headline Asia, a venture capital firm focused on technology investments, led the Series A funding round. Banpu, a global energy and technology company, and Wistron, a leading provider of AI and cloud computing solutions, also participated.
5. What are the plans for the future of GMI Cloud?
With the new funding, GMI Cloud plans to expand its data center presence, enhance its GPU infrastructure, and support a wider range of AI applications, including computer vision, natural language processing, and deep learning.
Microsoft has announced the expansion of AI features to Copilot+ PCs powered by Intel and AMD chipsets. This includes popular features such as Live Captions, Cocreator, Restyle Image, and Image Creator. The company has also added new capabilities to Voice Access for Snapdragon X series chipsets, with plans to roll it out to Intel and AMD-powered devices later this year. These updates are part of the March 2025 Windows non-security preview update, and will improve the overall user experience for Copilot+ PC users.
The long-awaited Motorola Edge 60 Fusion has finally arrived in India, boasting flagship-level features and towering performance capabilities. Available in two storage variants, the phone offers up to 12GB of RAM and 256GB of storage, with three vibrant color options. But the real standout is its impressive camera setup and powerful battery, making it a strong competitor in the mid-range flagship market. The Motorola Edge 60 Fusion comes packed with top-of-the-line features, including a stunning 6.7-inch all-curved pOLED display with a 120Hz refresh rate and Water Touch 3.0 support. It also sports a MediaTek Dimensity 7400 SoC and promises three years of Android OS upgrades. Additionally, with Moto AI features, dual stereo speakers, and Dolby Atmos support, this phone promises to enhance your overall smartphone experience.
Microsoft has taken a step towards improving the user experience of Edge browser by addressing the issue of a bloated menu. In the latest version, Edge Canary, the menu has been rearranged and features like collections, apps, and browser essentials have been moved to the "More tools" option, making the menu smaller and easier to navigate. Users can also now easily access features like Extensions and update their privacy and appearance settings. These changes aim to make the user's browsing experience smoother and more user-friendly.
OpenAI, an AI giant, has announced their latest project and is seeking feedback from developers, researchers, and the broader community. The upcoming open language model will be released in the near future, and developers will have the opportunity to attend feedback sessions and play with early prototypes. This open-weight model will allow users to modify digital neurons and could potentially change the model's associations and emphasis. OpenAI CEO, Sam Altman, stated that they have been thinking about this model for a long time and are now ready to prioritize its development with the help of the community.
Realme has released its latest budget-friendly 5G smartphone, the Realme 14 5G, with impressive features like 12GB RAM, a Snapdragon 6 Gen 4 processor, and an advanced cooling system. With its sleek design and gaming-centric features like GT Gaming Boost Mode and liquid cooling, this phone is a great choice for tech-savvy gamers. It also boasts a 6.67-inch FHD+ display with a 120Hz refresh rate and up to 512GB of storage space. Running on Realme UI 6 and equipped with a 6000mAh battery and IP ratings for durability, the Realme 14 5G offers a powerful and reliable user experience.
Imagine having a gadget that could understand and respond like a real person, with the ability to access and process vast amounts of information. Apple's co-founder, Steve Jobs, envisioned this idea back in 1983, as seen in a rare video from the Steve Jobs Archive. During the International Design Conference, Jobs spoke about the potential of revolutionary AI technology and its impact on society in the next few decades. Little did he know that his prediction would become a reality with the launch of the Macintosh in 1984 and the iPhone in 2007. This rediscovered footage provides a glimpse into Jobs' ability to foresee and shape the future of technology.
BSNL has launched a special recharge plan aimed at IPL fans, offering a whopping 251GB of high-speed data for just Rs 251. This plan is perfect for those looking to stream cricket matches without any worry of data expenses. However, users should note that the plan only offers data benefits and separate recharges are needed for calling and SMS services. This limited-time offer is available through BSNL's official website and Self Care App.
Motorola is set to release its newest smartphone, the Edge 60 Fusion, on April 2 and new leaked renders give a glimpse at what to expect. The device will come in four color options and is expected to feature MediaTek's new Dimensity 7400 chipset. These official-looking renders also highlight the color-matched frame, camera placement, and curved display.
Prime Minister Narendra Modi has recently joined the viral trend of AI-generated Studio Ghibli-style portraits, thanks to ChatGPT's latest update. MyGov India shared a series of animated pictures of PM Modi, portraying him in various key moments and activities. With the heavy demand for the Ghibli-style image-generator, ChatGPT's GPUs are facing "rate limits" and causing "melting."
The Gurugram Commissioner of Police, Vikas Arora, launched a new initiative to gather feedback from visitors to the police stations in the district. The program involves installing QR codes at all the police stations, which can be scanned by visitors to share their feedback and suggestions digitally. This unique system will help in assessing the performance of each police station and improving their functioning.