Sources: AI neocloud Lambda is raising up to $4B led by Blackstone and Coatue at a pre-money valuation of $14.5B in a final round before its planned IPO (Robbie Whelan/Wall Street Journal)
Lambda’s last private raise is said to price the AI cloud startup at $14.5 billion before new money.
Blackstone and Coatue are leading a round of up to $4 billion, according to the Wall Street Journal item surfaced by Techmeme. The financing is described as Lambda’s final round before a planned IPO. The story frames Lambda as an AI neocloud, part of the infrastructure layer serving AI compute demand. Techmeme's note
Blackstone and Coatue are leading a round of up to $4 billion, according to the Wall Street Journal item surfaced by Techmeme. The financing is described as Lambda’s final round before a planned IPO. The story frames Lambda as an AI neocloud, part of the infrastructure layer serving AI compute demand. Techmeme's note
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