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GMI Cloud Invests $500M in AI Factory, Shifts Focus

11/20/2025

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Story summary
  • GMI Cloud is investing $500 million to build an AI Factory datacenter in Taiwan using VAST Data storage and 7,000 Nvidia GPUs to deliver two million tokens per second at 16 megawatts.
  • GMI Cloud pivoted from Bitcoin mining to AI and has raised over $93 million.
  • Cassava Technologies deployed 12,000 Nvidia GPUs in Africa and became the first preferred Nvidia Cloud Partner there.