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.
Lambda has been selected as an NVIDIA Partner Network (NPN) Solutions Integration Partner of the Year for 2021, the second consecutive year the deep learning infrastructure provider has been chosen for this top honor.
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.
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