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Lambda Raises $320M to Build a GPU Cloud for AI

Lambda raised a $320M Series C for a $1.5B valuation, to expand our GPU cloud & further our mission to build the #1 AI compute platform in the world.

Published 02/15/2024 by Stephen Balaban

Lambda Raises $44M to Build the World’s Best Cloud for Training AI

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.

Published 03/21/2023 by Stephen Balaban

Lambda raises $24.5M to build GPU cloud and deep learning hardware

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.

Published 07/16/2021 by Stephen Balaban

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