Nvidia-Backed Lambda Eyes Funding at Over $4 Billion Valuation

Nvidia-Backed Lambda Eyes Funding at Over $4 Billion Valuation

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 a potential initial public offering, according to people familiar with the matter.

Report: AI cloud operator Lambda could raise funding at $4B+ valuation - SiliconANGLE

Lambda Labs Inc. is believed to be holding talks about a new funding round that could value it between $4 billion and $5 billion. Bloomberg reported the discussions on Thursday. It’s unclear who might participate in the round or when it’s expected to close. However, the paper’s sources did specify that Lambda is seeking to […] The post Report: AI cloud operator Lambda could raise funding at $4B+ valuation appeared first on SiliconANGLE.

Nvidia-backed Lambda eyes funding at over $4 billion valuation

By Bailey Lipschultz and Ed Ludlow, Bloomberg 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 a potential initial public offering, according to people familiar with the matter. Related Articles The key to schools’ success? California startup says ask the students. …