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 ...

SAN FRANCISCO--(BUSINESS WIRE)--Lambda, the Superintelligence Cloud, today announced an expanded leadership structure assembled to match the scale of the opportunity in front of the company. As demand ...

SAN FRANCISCO--(BUSINESS WIRE)--Lambda, the Superintelligence Cloud, today announced at NVIDIA GTC 2026 it is a launch partner for NVIDIA’s Vera CPU platform and NVIDIA STX, the deployment of NVIDIA ...

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 ...

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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 ...

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, ...

Microsoft has signed two multibillion-dollar infrastructure agreements aimed at expanding its capacity to support artificial intelligence workloads. The deals, with Lambda and IREN, add substantial ...