Cast AI Hits $1 Billion Valuation With Launch of OMNI Compute GPU Marketplace

Cast AI has officially entered unicorn territory with a valuation exceeding $1 billion. This milestone follows a strategic investment from Pacific Alliance Ventures, the venture arm of the South Korean conglomerate Shinsegae Group. The funding coincides with the launch of OMNI Compute, a specialized marketplace designed to solve the global GPU shortage for artificial intelligence development.

OMNI Compute acts as a unified control plane that allows businesses to access and manage GPU resources across multiple cloud providers and regions. It automatically identifies available capacity on platforms like Oracle Cloud Infrastructure and integrates it into existing Kubernetes clusters. This setup enables companies to run heavy AI workloads wherever hardware is actually available, rather than being restricted to a single provider.

The company specializes in automating the complex infrastructure required to run modern software. For AI specifically, Cast AI provides the automation needed to handle inference at scale without manual intervention. Their platform handles the heavy lifting of provisioning and scaling GPU clusters, which allows developers to focus on building models rather than managing hardware configurations.

Oracle Cloud Infrastructure is a key partner in this launch, providing its massive GPU fleet to customers through the new marketplace. Organizations can now tap into Oracle high-performance clusters even if their primary operations reside on AWS or Google Cloud. This flexibility is critical for enterprises like Samsung and HuggingFace that require reliable compute power to maintain global AI services.

The recent valuation reflects a period of explosive growth for the company, which recently opened new offices in London, Bangalore, and Tel Aviv. This strategic round follows a previous Series C funding round led by major names like SoftBank Vision Fund 2 and G2 Venture Partners. Cast AI now manages infrastructure for a diverse roster of clients, ranging from BMW and Cisco to financial leaders like FICO.