VESSL AI Targets 250 Billion Won 2026 Revenue, 2 Trillion Won GPU Financing

VESSL AI announced a mid-to-long-term roadmap at its "2026 Neo Cloud Strategy Presentation" in Gangnam, Seoul, on October 15, 2026, including plans to expand GPU financing to about 2 trillion won next year and to begin holding GPUs directly, according to aitimes.com.

The company forecast its 2026 revenue at 250 billion won, a 50-fold increase year-over-year. It said overseas revenue has surpassed 50 billion won since service launch.

On financing, VESSL AI plans to raise GPU financing to roughly 2 trillion won next year, about five times the current 400 billion won level. The company said it is in talks with eight financial firms in the US, Singapore and Korea.

VESSL AI also plans to begin holding GPUs directly next year, raising its GPU capacity from about 7,000 units to 10,000 by year-end, 50,000 in 2027 and 200,000 in 2030. It aims to secure 500 megawatts of AI data center capacity across eight regions nationwide by 2028.

The company said it was the only Korean company to reach medal standings in SemiAnalysis's ClusterMAX 3.0 GPU cloud evaluation.

Background

VESSL AI made 5 billion won in revenue last year and 130 billion won in the first half of this year, with GPU financing currently at about 400 billion won and about 7,000 GPUs. In the US, concerns about CoreWeave's GPU financing debt have recently emerged.