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GMI Cloud Raises $82 Million in Total Series A Funding to Drive Global Access to Advanced GPUs and Cloud Infrastructure

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Emerging cloud computing leader GMI Cloud to accelerate AI adoption, help meet growing demand for AI infrastructure with NVIDIA accelerated computing, and open new U.S. data center

SANTA CLARA, Calif., Oct. 29, 2024 /PRNewswire/ — GMI Cloud, a leading AI-native GPU cloud provider, has announced today that it has raised $15 million in equity funding and $67 in debt financing in a Series A round led by Headline Asia, bringing the company’s total capital to over $93 million. The round includes strategic investments from Banpu Next (BANPU.BK), a leading smart energy solutions provider in the Asia-Pacific region, and Wistron Corporation (3231.TW), a global leading technology service provider. The funding will be used to open a new U.S. data center in Colorado and reinforces the Silicon Valley-based company’s position as a premier vertically integrated cloud provider. GMI Cloud is creating the foundation for an AI-driven future and is strategically positioned to provide advanced scalability and comprehensive solutions for ML deployments all over the world.

Fueled by Big Tech, innovation in artificial intelligence (AI) and research has skyrocketed across industries and the global AI market is projected to reach $1.8 trillion by 2030. As businesses increasingly prioritize AI and data strategies, the demand for GMI Cloud’s comprehensive cloud solution will continue to surge.

GMI Cloud stands apart with its end-to-end AI solutions — combining flexible GPU infrastructure based on NVIDIA accelerated computing with Cluster Engine, the company’s proprietary resource management and orchestration platform. These offerings provide businesses with seamless scalability, optimized performance, and robust security measures for AI-driven projects, helping enterprises scale confidently while protecting their data and infrastructure.

“We’re at a launching point in our company’s journey,” said Alex Yeh, Founder and CEO of GMI Cloud. “We’ve seen the wide array of struggles for start-ups and large enterprises seeking to implement AI strategies. This funding empowers us to enhance the performance, security, and accessibility of our platform, helping businesses around the world scale even the most demanding AI workloads with confidence and efficiency.”

GMI Cloud leverages its global operations and strategic partnerships with leading OEMs to enable rapid deployment and reduced lead times for GPU access worldwide. Along with its longstanding presence in Taiwan, the company’s new Colorado data center will serve as a critical hub for expanding GMI Cloud’s capacity, particularly in North America. This strategic expansion enhances the company’s ability to meet growing global demand for GPU resources.

“GMI Cloud’s ability to rapidly deploy infrastructure to provide GPU accessibility in today’s demanding market perfectly embodies our “Go Global” approach,” said Akio Tanaka, Founding Partner at Headline Asia. “With his unique experience and relationships in the market, Alex truly understands how to scale AI infrastructure operations, making his company’s potential for growth limitless.”

Backed by a globally recognized team with deep expertise in AI, machine learning (ML), and cloud infrastructure, GMI Cloud combines decades of experience to address the evolving demands of AI-driven businesses. The team provides expert support to help clients smoothly scale their AI and data projects with reliable, high-performance solutions tailored to meet the needs of modern enterprises.

As a member of the NVIDIA Partner Network, GMI Cloud leverages NVIDIA’s accelerated computing platforms, providing customers with advanced infrastructure for AI and machine learning workloads and high-performance GPUs to help meet their computational needs.

For more information on getting started with GMI Cloud, visit gmicloud.ai today. 

About GMI Cloud
Headquartered in Silicon Valley, GMI Cloud is a venture-backed digital infrastructure company with the mission of empowering anyone to deploy AI effortlessly and  simplifying how businesses build, deploy, and scale AI through integrated hardware and software solutions. To learn more, visit gmicloud.ai.

 

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SOURCE GMI Cloud

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TerraMaster Launches the New TNAS Mobile 3 with Various New Features for Efficient NAS Management

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December 26, 2024

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SHENZHEN, China, Dec. 26, 2024 /PRNewswire/ — TerraMaster, a professional brand focusing on providing innovative storage products for families and businesses, launched new TNAS Mobile 3 application compatible with the latest TOS 6, introducing a host of new features and optimizations such as updated UI, TNAS Online and photo backup and one-touch initialization. With these improvements, the latest version of TNAS Mobile 3 ensures users enjoy a more convenient, efficient, and powerful NAS management experience, all from the palm of hands.

TNAS Mobile 3 New Features

Upgraded TNAS Online Management
Upgraded to TNAS Online 2, with a 500% speed improvement, providing smoother and more stable mobile access, ensuring seamless operation from anywhere.

One-Touch NAS Initialization
Users can now easily initialize the TNAS directly from mobile device. Simplified operation process for quick deployment and initialization of the TOS system.

Perfectly Compatible with TOS 6
Seamlessly integrates with the latest TOS 6 operating system, users can explore all features of TOS 6 on the mobile phone.

Optimized Overall UI and Photo Backup
The TNAS Mobile 3 app now boasts a cleaner, more intuitive interface for a smoother user experience. And the photo backup transfer process has been improved to increase efficiency and stability.

Media Index Management
The app also introduces a new media index management feature. Smart indexing for quick retrieval of media files on TNAS, offering the convenience of one-click activation across platforms.

User Management
A new user management feature has been added, allowing administrators to centralized manage and control user access more efficiently. Enable flexible allocation and control of permissions.

Shared Folder Management
The app now includes enhanced shared folder management. Users can easily create and edit shared folders with detailed control over access permissions.

Availability
TerraMaster new TNAS Mobile 3 V3.3.038 is now available for download and installation through Google Play Store and Apple App Store. More details, please visit:
https://www.terra-master.com/global/tnas-mobile3/.

Follow TerraMaster on social media:
Facebook: https://www.facebook.com/terramasterofficial
Twitter: https://twitter.com/TerraMasters
LinkedIn: https://bit.ly/3wKrjmr
YouTube: https://bit.ly/3dMXGIK
TikTok: https://www.tiktok.com/@terramaster_official  

About TerraMaster
TerraMaster is a professional brand that focuses on providing innovative storage products, including network attached storage and direct attached storage that has become increasingly popular in over 40 countries and regions. The brand has been developing storage technology for 10 years, addressing the needs of customers such as home users, small/medium businesses, and enterprises.

Contact:
Yuki Shi
+86 755 81798272
388067@email4pr.com

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SOURCE TerraMaster

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Sapiens to Participate in the 27th Annual Needham Growth Conference on January 15, 2025

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December 26, 2024

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ROCHELLE PARK, N. J., Dec. 26, 2024 /PRNewswire/ — Sapiens International Corporation, (NASDAQ: SPNS) (TASE: SPNS), a leading global provider of software solutions for the insurance industry, today announced that Roni Giladi, Chief Financial Officer, is scheduled to participate in the 27th Annual Needham Growth Conference to be held at the Lotte NY Palace Hotel in New York City, January 14 – 16, 2025. Sapiens will host a group presentation on January 15, from 2:15 p.m.- 2:55 p.m. Eastern Daylight Time (EDT) in “Holmes 1″ and conduct one-on-one meetings the same day.

A webcast of management’s presentation can be found on the company’s IR website under the events section, at https://sapiens.com/investor-relations/. For more information about the conferences or to schedule a one-on-one meeting with Sapiens, please contact your Needham representative at the respective firm. The firms hosting the conference reserve the right to adjust a company’s meeting schedule, including its presentation time. It is recommended that participants confirm all meeting and presentation times with the conference organizers.

About Sapiens

Sapiens International Corporation (NASDAQ and TASE: SPNS) is a global leader in intelligent insurance software solutions. With Sapiens’ robust platform, customer-driven partnerships, and rich ecosystem, insurers are empowered to future-proof their organizations with operational excellence in a rapidly changing marketplace. We help insurers harness the power of AI and advanced automation to support core solutions for property and casualty, workers’ compensation, and life insurance, including reinsurance, financial & compliance, data & analytics, digital, and decision management. Sapiens boasts a longtime global presence, serving over 600 customers in more than 30 countries with its innovative SaaS offerings. Recognized by industry experts and selected for the Microsoft Top 100 Partner program, Sapiens is committed to partnering with our customers for their entire transformation journey and is continuously innovating to ensure their success.

For more information visit https://sapiens.com or follow us on LinkedIn 

Media Contact
Yaffa Cohen-Ifrah
Chief Marketing Officer and Head of Investor Relations, Sapiens
Yaffa.cohen-ifrah@sapiens.com 

Investors Contact
Kimberly Rogers
Managing Director, Hayden IR
kim@HaydenIR.com 

 

Logo:  http://mma.prnewswire.com/media/585787/Sapiens_Logo.jpg

 

 

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SOURCE Sapiens International Corporation

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Pocamarket Named ‘Best K-POP Photocard Platform’ at 2024 KBS N Brand Awards

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5 minutes ago

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December 26, 2024

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SEOUL, South Korea, Dec. 26, 2024 /PRNewswire/ — Pocamarket, the pioneering K-POP photocard trading platform operated by Infludeo Co., Ltd., has received the prestigious ‘Best K-POP Photocard Platform’ award at the 2024 KBS N Brand Awards. The ceremony, organized by KBS N, a subsidiary of Korea’s national public broadcaster KBS (Korean Broadcasting System), recognizes outstanding brands for their excellence and industry impact.

Since its inception, Pocamarket has established itself as the trusted destination for K-POP enthusiasts seeking to trade photocards in a secure and streamlined environment. The platform’s commitment to fan experience extends to its physical presence through PocaSpot, an interactive retail space in Seoul’s vibrant Hongdae district. This innovative space serves as a hub for both domestic and international fans to acquire authentic photocards while experiencing Korean pop culture firsthand. Building on this success, the company has announced plans to launch its second PocaSpot location in Myeongdong during 2024.

The recognition underscores Pocamarket’s transformation from a specialized trading platform to a significant force in promoting global K-POP culture. As the international K-POP community continues to grow, Pocamarket maintains its position as an industry leader by delivering exceptional value and authentic experiences to fans worldwide.

“This recognition reflects the unwavering support and trust of our global fan community,” stated a Pocamarket representative. “We remain dedicated to developing innovative solutions that ensure a seamless and secure experience for K-POP enthusiasts everywhere. Our mission is to continue evolving alongside our users while fostering the growth of K-POP culture internationally.”

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SOURCE Pocamarket

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