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 ...

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.

Artificial intelligence infrastructure startup Lambda Inc. today announced that it has closed a late-stage funding round worth more than $1.5 billion. TWG Global, a holding company led by billionaire ...

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 ...

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, ...

SAN FRANCISCO--(BUSINESS WIRE)--Lambda, the Superintelligence Cloud, today announced it has raised over $1.5B in Series E funding, led by TWG Global, a holding company led by Thomas Tull and Mark ...

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 ...

KANSAS CITY, Mo. (KCTV) - An empty building in Kansas City is set to get a high-tech makeover as it becomes home to a supercomputer that accelerates AI training. Lambda, a Superintelligence Cloud, ...