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 ...

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 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 ...

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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 ...

Lambda Inc., a cloud infrastructure firm which counts Nvidia Corp. among its backers, is in talks with investors about a funding round that could value the company at $4 billion to $5 billion ahead of ...

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