GMI Cloud Secures $82M for GPU Infrastructure Amid AI Boom; Tabnine, Brightwave Announce AI Tools

GMI Cloud has secured $82 million in Series A funding for its GPU cloud infrastructure, driven by the increasing demand for graphics processing units (GPUs) amid the AI boom. The funding will enable GMI Cloud to expand its infrastructure and meet the growing needs of enterprises integrating AI technology into their systems. Additionally, Tabnine has launched its personalized code review agent, an AI tool designed to help developers adhere to their organization's best practices and standards. This new agent checks code in pull requests and in the IDE against the team's unique rules, flagging issues and providing guidance for fixes. Brightwave has also raised $15 million to accelerate financial research with its AI agent, which assists asset managers in identifying market signals. The announcements were reported by TechCrunch.