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 reportedly seeking up to $3B at a $12B valuation, underscoring investor demand for AI cloud capacity.
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<a href="https://www.bloomberg.com/news/articles/2026-08-24/ai-cloud-provider-lambda-in-talks-for-3-billion-pre-ipo-round"><img align="RIGHT" border="0" hspace="4" src="http://www.techmeme.com/260824/i42.jpg" vspace="4" /></a>
<p><a href="https://www.techmeme.com/260824/p42#a260824p42" title="Techmeme permalink"><img height="12" src="http://www.techmeme.com/img/pml.png" style="border: none; padding: 0; margin: 0;" width="11" /></a> <a href="https://www.bloomberg.com/">Bloomberg</a>:<br />
<span style="font-size: 1.3em;"><b><a href="https://www.bloomberg.com/news/articles/2026-08-24/ai-cloud-provider-lambda-in-talks-for-3-billion-pre-ipo-round">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+</a></b></span> — Lambda Inc., an AI cloud-computing provider backed by Nvidia Corp., is in talks to raise as much as $3 billion in a round that could tee … </p>
Read at source: https://www.techmeme.com/260824/p42#a260824p42