AI cloud company Lambda has closed a $1 billion syndicated senior secured credit facility. This is an upsizing of an existing credit facility that was established at $275m in August 2025. “We're ...

Lambda Inc., an AI cloud-computing provider backed by Nvidia Corp., named Sprint veteran Michel Combes as its next chief executive officer, part of a management overhaul aimed at positioning the ...

One of the most important measurements we make while tuning an engine is finding out what the actual balance of air and fuel was inside the engine. It doesn’t matter if we have a carburetor, port ...

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.

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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 ...

Lambda, a startup that rents out access to advanced artificial intelligence chips, said Tuesday that it raised over $1.5 billion in its latest funding round. The Series E round was led by TWG Global, ...

Nov 3 (Reuters) - Artificial intelligence cloud startup Lambda said on Monday it has entered into a multi-billion-dollar agreement with Microsoft (MSFT.O), opens new tab to deploy tens of thousands of ...

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 ...