TechBloomberg Tech2h ago
AI Cloud Provider Lambda in Talks for $3 Billion Pre-IPO Round
TL;DRAI cloud startup Lambda seeks $3B funding ahead of potential 2025 IPO.
Why it matters: Signals strong investor appetite for AI infrastructure plays and potential market timing for enterprise compute companies.
Lambda Inc., an AI cloud-computing provider backed by Nvidia Corp., is in talks to raise as much as $3 billion in a round that could tee it up to go public next year, according to people familiar with the efforts.
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