Lambda secured a $44 million Series B to accelerate the growth of our AI cloud. Funds will be used to deploy new H100 GPU capacity with high-speed network interconnects and develop features that will make Lambda the best cloud in the world for training AI.
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Lambda secured $24.5M in financing, including a $15M Series A equity round and a $9.5M debt facility that will allow for the growth of Lambda GPU Cloud and the expansion of Lambda's on-prem AI infrastructure software products. Read more details in the post.