AIBloomberg1h ago
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;DRAI cloud startup Lambda seeks $3B funding at $12B valuation with $1.5B revenue.
Why it matters: Signals massive investor confidence in AI infrastructure demand and Nvidia's ecosystem expansion beyond chips.
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 …
Read full articleSource: Bloomberg · Opens in new tab