Cast AI, a Miami-based startup optimizing cloud infrastructure for AI workloads, has raised $108 million in Series C funding to accelerate global expansion and deepen R&D. The round, co-led by G2 Venture Partners and SoftBank Vision Fund 2, brings Cast AI’s valuation close to $900 million.
The company’s platform automates workload distribution across GPUs and CPUs, helping customers like BMW, Akamai, FICO, and Hugging Face reduce cloud costs and improve compute efficiency. CEO Yuri Frayman said the focus is on maximizing resource usage amid AI’s soaring energy and compute demands.
Cast AI now serves over 2,100 customers and partners with major players including SoftBank, Crusoe Energy, and OpenAI as part of the broader AI infrastructure ecosystem.
