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 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 launched a multi-billion AI infrastructure agreement with AI startup Lambda. Stephen Balaban, CEO of Lambda, joins CNBC's 'Money Movers' to discuss the terms of the deal, expectations ...

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 ...

Stop waiting for CDK to bundle Lambda functions. CDK Booster accelerates TypeScript/JavaScript builds with seamless integration. One of AWS Cloud Development Kit (AWS CDK)'s main drawbacks is that it ...

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 ...