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AI data center provider Lambda announced Tuesday it raised $1.5 billion in a round led by TWG Global, a relatively new $40 billion investment firm formed by billionaires Thomas Tull, the former owner ...

Lambda, a startup that rents out access to advanced artificial intelligence chips, said Tuesday that it raised over $1.5 billion in its latest funding round. The Series E round was led by TWG Global, ...

Investors are looking for the U.S. stock market to end 2025 on a high note next week, with equities at record peaks and nearing further bullish milestones to close out another strong year. Reuters, ...

The move highlights the ongoing shortage of advanced AI chips, forcing even Nvidia to rent back its own hardware to secure access for cloud operations In sum – what to know: $1.5B lease with Lambda – ...

Cloud provider Lambda might be following rival CoreWeave to the public markets. Lambda, an AI infrastructure company offering on-demand GPUs, has hired banks for an upcoming IPO, according to ...

Lambda Labs Inc. is believed to be holding talks about a new funding round that could value it between $4 billion and $5 billion. Bloomberg reported the discussions on Thursday. It’s unclear who might ...

Lambda Inc., a cloud infrastructure firm which counts Nvidia Corp. among its backers, is in talks with investors about a funding round that could value the company at $4 billion to $5 billion ahead of ...