New capital positions Lambda as the leading platform for large-scale AI cloud infrastructure, AI inferencing, and open source AI chat SAN JOSE, Calif., February 19, 2025--(BUSINESS WIRE)--Lambda ...
AI infrastructure company Lambda has secured $480m in Series D funding round, bringing its total equity raised to $863m. The company plans to use the funds to expand its AI cloud platform.
“We’ll build more software tools that delight AI developers and deploy more GPUs to meet the massive customer demand,” said Lambda CEO Stephen Balaban regarding his company’s new $480 ...
“Lambda is investing billions of dollars to build the software platform and infrastructure powering AI,” said Lambda co-founder and Chief Executive Officer Stephen Balaban. Developers use ...
Its valuation also significantly increased. Lambda has raised $480 million in a new equity round that more than doubles the AI cloud computing startup's total funding and added another $1 billion ...
Lambda offers cloud services and software designed for training, fine-tuning, and deploying AI models. A major part of the business is renting out servers powered by Nvidia’s artificial ...
Lambda, a prominent AI infrastructure provider, has raised $480 million in a Series D funding round, elevating its total equity capital to $863 million. The investment aims to accelerate the ...
SAN JOSE, Calif.--(BUSINESS WIRE)--Lambda, the AI Developer Cloud, today announced it has raised a $480 million Series D, bringing the total equity capital raised to date to $863 million.
Lambda, the AI Developer Cloud, announced it has raised $480 million in Series D funding, bringing the total equity capital raised to date to $863 million and enabling the company to power the next ...