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Sources and filings: Situational Awareness lacked an investment risk team; after the sell-off, the SEC sent subpoenas to major banks about trades they financed (New York Times)

New York Times : Sources and filings: Situational Awareness lacked an investment risk team; after the sell-off, the SEC sent subpoenas to...

30 September 2026

GPU cloud provider GMI Cloud raised $668M, including $223M in equity led by ARCHIV with participation from Nvidia and $445M in credit led by Taiwanese bank CTBC (Phoebe Liu/The Information)

Phoebe Liu / The Information:
GPU cloud provider GMI Cloud raised $668M, including $223M in equity led by ARCHIV with participation from Nvidia and $445M in credit led by Taiwanese bank CTBC  —  GMI Cloud, a five-year-old provider of Nvidia chip servers to enterprises, said Wednesday it raised $668 million in equity and debt financing.

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