Lambda Inc., a startup with a cloud platform designed to run artificial intelligence workloads, is reportedly seeking to raise $350 million in funding. Sources told The Information late Thursday that ...
AI cloud infrastructure provider Lambda, which rents out Nvidia (NVDA) AI chips, is trying to raise at least $350M before a potential IPO this year, The Information reported, citing a person with ...
Lambda is now said to be targeting an initial public offering in H2 2026, slightly later than had previously been suggested. In September 2025, the company was said to be engaging Morgan Stanley, J.P.
Industry veteran brings deep financial and operational expertise as Lambda accelerates the deployment of AI factories to meet demand from hyperscalers, enterprises, and frontier labs building ...
Lambda has raised more than $1.5B in Series E funding, which the cloud company plans to invest in expanding access to artificial intelligence. "This round of funding helps enable Lambda to develop ...
AI data center provider Lambda announced Tuesday it raised $1.5 billion in a round led by TWG Global, a relatively new $40 billion investment firm formed by billionaires Thomas Tull, the former owner ...
AI cloud provider Lambda has signed an agreement with Prime Data Centers to deploy a GPU cluster at a Prime facility in California. The agreement will see Lambda deploying Nvidia Blackwell AI ...
AI cloud startup Lambda announced a multibillion-dollar partnership with Microsoft to build AI infrastructure powered by Nvidia chips. The Nvidia-backed firm has had a relationship with Microsoft ...
Cloud provider Lambda might be following rival CoreWeave to the public markets. Lambda, an AI infrastructure company offering on-demand GPUs, has hired banks for an upcoming IPO, according to ...
SAN FRANCISCO--(BUSINESS WIRE)--Lambda, the Superintelligence Cloud, today announced it has closed a $275M syndicated senior secured credit facility led and arranged by J.P. Morgan, with Citi, MUFG, ...