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Cast AI Valued at Over $1 Billion With the Launch of Its GPU Marketplace

Cast AI Valued at Over $1 Billion With the Launch of Its GPU Marketplace

January 13, 2026 Craig Etkin

OMNI Compute is a unified compute marketplace that enables enterprises to access, provision, and operate GPUs across any cloud or region, with no code changes required

MIAMI–(BUSINESS WIRE)–Cast AI, the leading Application Performance Automation platform, today introduced OMNI Compute, a unified compute control plane that automatically discovers available resources across cloud providers and regions and transparently extends existing Kubernetes clusters to consume them. The company also announced a strategic investment from Pacific Alliance Ventures (PAV), the U.S.-based corporate venture arm of Shinsegae Group, an over $50 billion Korean conglomerate with leading businesses across retail, consumer, and digital platforms. With this round of funding, Cast AI’s valuation exceeds $1 billion.

“Shinsegae Group’s investment, and our over one billion dollar valuation, underscore the market’s confidence in our platform vision and our ability to execute it globally,” said Cast AI Co-Founder and CEO Yuri Frayman. “Enterprises don’t just need cheaper infrastructure – they need infrastructure that adapts automatically as workloads and constraints change. That is what our automation agents were built to do, and this investment helps us scale that globally.”

Cast AI expands its platform with the introduction of OMNI Compute

OMNI Compute connects external capacity, including GPUs, as native compute, allowing workloads to run on the most appropriate resources, locally or across clouds, without code changes, reconfiguration, or operational changes.

It enables organizations to run any workloads, starting with AI inference, without cloud lock-in, while maintaining control over where they execute, to meet compliance and regulatory requirements. Teams can scale services without pinning workloads to a single region or provider, while keeping infrastructure behavior automated, governed, and predictable as demand increases. It applies the same optimization used across the Cast AI platform to this external capacity, including GPU sharing, monitoring, and rightsizing, ensuring AI workloads remain efficient and consistent at scale.

“OMNI Compute makes GPUs fungible at the infrastructure layer so capacity isn’t trapped inside a single cloud or region,” said Cast AI President and Co-Founder Laurent Gil. “Teams can move, allocate, and run production workloads wherever compute is actually available, with control over cost and performance.”

Oracle is one of the cloud providers making GPU capacity available to Cast AI customers through OMNI Compute.

“Partnering with Cast AI opens entirely new markets for Oracle Cloud Infrastructure (OCI). Organizations running on any hyperscaler can now access best-in-class OCI AI infrastructure instantly, in every Oracle Cloud region worldwide,” said Karan Batta, Senior Vice President, Oracle Cloud Infrastructure. “OMNI Compute removes the barriers that traditionally kept enterprises locked into a single cloud, and it allows them to tap into OCI’s high-performance GPU fleet the moment they need it. This is a step-change in how global AI platforms will deploy and scale.”

“Cast AI’s ability to provision GPUs across multiple clouds and regions without requiring a single change to our application code is a game changer for running AI inference at scale,” said Uniphore Vice President of Product Management Erik Johnson. “In production, access to reliable, affordable GPU capacity exactly where and when you need it is mission-critical. OMNI Compute makes that possible. It enables us to serve our customers in different regions around the world, gives us instant flexibility, eliminates regional GPU shortages, and lets us maintain consistent performance globally. That level of portability fundamentally changes how we build and operate real-time AI workloads.”

Cast AI rapidly growing across all geographies, industries, and segments

Shinsegae Group’s investment follows a year of record performance at Cast AI that included a Series C funding round led by G2 Venture Partners and SoftBank Vision Fund 2, with participation from Aglaé Ventures, joining alongside existing partners Hedosophia, Cota Capital, Vintage Investment Partners, Creandum, and Uncorrelated Ventures. Today, Cast is trusted by organizations including Akamai, BMW, Cisco, FICO, HuggingFace, NielsenIQ, Swisscom, and TGS.

Global expansion has been a core pillar of Cast AI’s growth strategy following its Series C funding round. Since then, the company has significantly expanded its regional footprint by opening new offices in Bangalore, London, New York, and Tel Aviv, as well as subsidiaries in Canada, France, India, Korea, Lithuania, Singapore, and the UK.

“Cast AI has built a category-defining automation platform that aligns with the needs of modern, cloud-first enterprises,” said Hyuk Jin Chung, Managing Partner at PAV. “We see strong demand for the company’s platform globally, and we’re excited to support the company’s continued expansion in Asia and help it realize its long-term Application Performance Automation platform vision.”

“With Cast AI, we’ve automated continuous infrastructure optimization on Amazon EKS – reducing operational overhead while improving application efficiency and cost control in real time,” said Kyotack Tylor Kim, Head of Next Gen Cloud Group at Samsung Electronics. “OMNI Compute’s unified control plane has the potential to change how enterprises like Samsung run AI infrastructure globally.”

About CAST AI

Cast AI is an automation platform for operating cloud-native and AI workloads at scale. By embedding autonomous decision-making agents into Kubernetes and cloud environments, Cast AI continuously optimizes performance, reliability, and efficiency while keeping operational effort and costs under control as environments grow. Learn more: https://cast.ai/

Contacts

Media contact:
Erika Rosenstein
Director of PR and Analyst Relations
erika@cast.ai

(c)2026 Business Wire, Inc., All rights reserved.


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Fabric, a leader in care delivery and consumer experience, has announced the acquisition of UCM Digital Health (UCM), a leading digital health and telehealth provider. The acquisition expands Fabric's services to about 400 new employer and payer customers, adding one million covered lives. Fabric now serves over 75 health systems, 30,000 employers, and over 100 million lives across all 50 states. This marks Fabric’s fifth acquisition in less than three years, underscoring its strategic build-and-buy approach to unify the fragmented digital health landscape. By expanding its footprint in the payer and employer markets, Fabric is extending its comprehensive care access and experience platform paired with its nationwide provider network to streamline virtual-first care, expand access, improve efficiency and outcomes, and reduce both medical and overhead costs.

In a statement Aniq Rahman, CEO and Founder of Fabric said, "For Fabric, it’s about making healthcare more accessible.” “We’ve already made meaningful progress in the payer and employer markets, and this acquisition allows us to deepen that impact. By bringing more payers and employers onto our platform, we’re creating a connected experience that streamlines workflows, reduces friction and costs, and ultimately drives better outcomes for members and our partners." Moving forward, the 400 payers and employers served by UCM will transition to Fabric’s expanded technology and clinical network, gaining access to enhanced omnichannel patient experiences that improve efficiency before, during, and after virtual care. Through Fabric’s nationwide provider network, patients can receive a treatment plan for most common medical conditions in just five minutes or connect with a behavioral health provider within three days.

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Flex is building the category-defining company solving this gap for high net worth business owners with a five-pillar strategy built around private credit, a business finance stack, a personal finance stack, payment solutions, and an ERP built for middle market businesses. These customers now use an average of four or more Flex products. Flex’s Business Credit Card, which provides 60-day float on every transaction, has been a major driver of adoption, acting as the wedge into deeper financial operations. Once owners experience the benefits of the Flex Credit Card, they often go on to adopt Flex’s banking, payments, working capital, and expense management tools to replace fragmented legacy systems. This integrated model has allowed Flex to scale with high efficiency and has created a strong foundation for its expansion into personal finance.

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Across the United States, a new industrial age is taking shape. Trillions of dollars in infrastructure, from energy projects and advanced manufacturing to data centers and critical mineral facilities, must be built in the next decade. But large construction projects are slower and more expensive today than they were half a century ago. Unlimited Industries, a California-based company using AI to rethink how infrastructure gets built, has raised $12 million in seed funding to change that. The round was co-led by Andreessen Horowitz and CIV, with participation from leading industry investors. The capital will accelerate Unlimited’s expansion and further develop its proprietary AI platform – one designed to make large-scale engineering and construction faster, cheaper, and more ambitious.

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In a statement Alex Modon, Co-Founder and CEO of Unlimited Industries said, “Advances in AI mean we can finally build the physical world the way we build software.” “The traditional construction model is slow, brittle, and fundamentally misaligned. Our approach replaces static design choices with a dynamic, data-driven process that learns from every project. The result is faster, cheaper, and more successful projects.”

Unlimited is an AI-native construction company headquartered in San Francisco. Today, the company designs and builds across energy infrastructure, data centers, critical minerals, and advanced manufacturing, helping developers build with greater speed, ambition, and efficiency. Their mission is to build a future of radical physical abundance by automating construction end-to-end. The company was founded in 2025 by serial founders Alex Modon, Jordan Stern, and Tara Viswanathan.
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