Sources: AI cloud computing provider Lambda is selling a $917M leveraged loan to finance the purchase of GPUs as part of a contract with Nvidia (Bloomberg)
Lambda is using leveraged debt to fund Nvidia GPU purchases.
Techmeme's note cites Bloomberg sources saying Lambda is selling a $917 million leveraged loan. The money would finance GPUs bought under a contract with Nvidia. The note identifies Lambda as an AI cloud computing provider and gives no further loan terms or company comment.
Techmeme's note cites Bloomberg sources saying Lambda is selling a $917 million leveraged loan. The money would finance GPUs bought under a contract with Nvidia. The note identifies Lambda as an AI cloud computing provider and gives no further loan terms or company comment.
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