GMI Cloud Invests $500M in Taiwan AI Data Center

GMI Cloud, a U.S.-based cloud provider, is investing $500 million in a new AI data center in Taiwan, backed by Nvidia. This move highlights the global demand for AI infrastructure. GMI Clouds CEO, Alex Yeh, emphasizes the need for more data centers in Taiwan to boost AI development. The investment comes as tech companies worldwide are pouring billions into AI infrastructure, benefiting semiconductor companies like Nvidia. GMI Cloud also plans to build a new data center in the U.S. and is considering going public. Initial customers include Nvidia, Trend Micro, and Wistron.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.