Infrastructure
Nvidia-Backed Lambda Raises $1 Billion in Private Debt to Buy AI Chips for Microsoft
CoinCentral·August 29, 2026·1 min read
Lambda Inc., backed by Nvidia, raised $1 billion in private short-dated debt arranged by JPMorgan Chase to buy Nvidia GPUs for lease to Microsoft. The company also closed a $926 million loan earlier this month for similar GPU infrastructure. Lambda is reportedly in talks for additional funding.
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