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Insiders: AI cloud service provider Lambda is negotiating a $3 billion financing

2026-08-25 08:11:48

According to informed sources, AI cloud service provider Lambda, supported by Nvidia, is negotiating a financing round of up to $3 billion, which could pave the way for its IPO next year.

The company's revenue is expected to exceed $1.5 billion this year, with a financing valuation potentially reaching $12 billion.

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