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AI computing startup Lambda to raise $4B ahead of planned IPO

TechCrunch·October 6, 2026·1 min read
AI computing startup Lambda to raise $4B ahead of planned IPO

Nvidia-backed Lambda is raising up to $4 billion at a $14.5 billion pre-money valuation ahead of a planned 2027 IPO. The round is led by Coatue and Blackstone, according to a report. Lambda provides cloud computing for AI workloads, and the funding will support expansion of its GPU infrastructure.

Read at TechCrunch
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