Nvidia-backed neocloud Lambda is in talks
Sources: Nvidia-backed neocloud Lambda is in talks to raise up to $3B at a $12B+ valuation; its revenue this year is estimated to reach $1.5B+
TL;DRNvidia-backed AI cloud startup Lambda seeks $3B funding at $12B+ valuation on $1.5B revenue.
Why it matters: Signals massive investor confidence in AI infrastructure plays and potential GPU compute shortage solutions.
Australia's ARIA says songs created mostly or entirely by AI will be
TL;DRAustralia's official music charts are banning AI-generated songs starting this week.
OpenAI restores 5-hour Codex and Work limits for ChatGPT Plus users
TL;DROpenAI reinstates hourly and daily limits on ChatGPT Plus after removing them weeks ago.
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Bengaluru-based autonomous drone startup Airbound raised a $37M Series
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