Business & EnterpriseFinance2 min reading time

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

TechCrunch
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Lambda, an AI-focused cloud provider, is raising up to $4 billion at a $14.5 billion valuation ahead of a planned 2027 IPO, boosted by a $35 billion contract with Anthropic. The funding aims to support costly data center expansions amid tight GPU supply and cautious lenders.

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