Sources: Nvidia-backed neocloud Lambda is in talks to raise up to $3B at a $12B+ valuation; its revenue this year is estimated to reach $1.5B+ (Bloomberg)
Lambda is trying to turn GPU demand into a much larger private valuation.
Bloomberg says the Nvidia-backed AI cloud provider is discussing a raise of as much as $3 billion. The round could value Lambda at more than $12 billion. Its revenue this year is estimated to top $1.5 billion, after raising more than $1.5 billion in 2025. Techmeme's note
Bloomberg says the Nvidia-backed AI cloud provider is discussing a raise of as much as $3 billion. The round could value Lambda at more than $12 billion. Its revenue this year is estimated to top $1.5 billion, after raising more than $1.5 billion in 2025. Techmeme's note
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