AI cloud infrastructure provider Lambda, which rents out Nvidia (NVDA) AI chips, is trying to raise at least $350M before a potential IPO this year, The Information reported, citing a person with ...
This article first appeared on GuruFocus. Nvidia (NASDAQ:NVDA) stock rose about 0.5% on Friday morning after Lambda, an AI cloud infrastructure provider, revealed plans to raise at least $350 million ...
Lambda is now said to be targeting an initial public offering in H2 2026, slightly later than had previously been suggested. In September 2025, the company was said to be engaging Morgan Stanley, J.P.
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