Cast AI, GPU market platform goes public... corporate value surpasses 1.58 trillion KRW

Cloud cost optimization company Cast AI launches a new GPU integrated marketplace platform, with the company’s valuation surpassing $1.1 billion (approximately 1.584 trillion KRW). The company announced on the 12th (local time) that it has also secured strategic investment from the Pacific Alliance Venture Capital.

Through this investment, Cast AI plans to further expand its core technology. In particular, with a new feature called “Omni Compute,” it connects GPUs directly to external computing resources within cloud-native infrastructure, allowing users to run workloads without modifying code or changing configurations. This enables customers to scale infrastructure geographically without being tied to a specific cloud provider, while also ensuring compliance and predictability.

Since its founding in 2019, Cast AI has been leveraging machine learning-based automation technology to optimize Kubernetes environments within the cloud. By automatically adjusting over-provisioned resources, managing Spot instances, and implementing cost-saving features, the company has significantly improved operational efficiency in FinOps and cloud engineering.

The newly released Omni Compute has attracted attention for its ability to flexibly call on GPUs on demand at the infrastructure level, solving the problem of resources being locked into specific clouds or regions. Laurent Gil, co-founder and President of Cast AI, emphasized, “By abstracting GPUs as part of infrastructure resources, enterprises can freely allocate resources.”

Oracle participated as a partner in this innovative platform, becoming the first major cloud provider to open its GPU resources to customers. Karan Batta, Senior Vice President of Cloud Infrastructure at Oracle, stated, “Omni Compute eliminates the traditional constraints of being limited to a single cloud, allowing enterprises to directly access OCI’s high-performance GPU resources when needed. This will be a turning point in transforming how global AI platforms are deployed and scaled.”

This round of investment has brought Cast AI’s total funding to over $180 million (approximately 2.59 trillion KRW), including $108 million (about 1.55 trillion KRW) in Series C funding previously participated in by G2 Venture Partners and SoftBank Vision Fund 2. Although the specific amount of this investment has not been disclosed, it is understood that this funding injection has a strategic partnership nature.

Cast AI plans to use the newly launched GPU marketplace platform primarily in large-scale workloads for AI inference and high-load computing tasks, helping enterprises avoid cloud dependency and achieve continuous, stable performance and cost efficiency. As a result, the upcoming competition in the AI infrastructure market is likely to shift focus to the liquidity of GPU resources and the platform capabilities for optimizing them.