Latest Lambda News & Updates

See the latest news and media coverage for Lambda. We track all announcements, press releases, and industry mentions in real time, all in one place.

Lambda

AI supercomputer and cloud infrastructure provider

lambda.ai

Headquarters: San Francisco, United States
Founded year: 2012
Company type: Private company
Number of employees: 800–1,000
Industry: IT Services & Consulting

Last updated October 6

Latest news about Lambda

In short: Lambda secured over $2B in financing and credit, raised toward a $4B pre-IPO round, signed a $35B Anthropic deal, and named Michel Combes CEO.

Company announcements

October 1 Lambda

Lambda closes first billion dollar plus GPU debt financing

The oversubscribed facility, rated A (low) and Baa1, proceeds support GPU infrastructure for committed customer deployments with investment-grade offtakers.

September 27 Lambda

Lambda announces new Oklahoma data center generating $500M in taxes

The facility creates up to 1,000 construction jobs and 100 permanent positions while ensuring ratepayer protection and water stewardship.

September 15 Lambda

Lambda demonstrates increased AI throughput using power optimization technology

Using NVIDIA HGX B200 systems and DSX MaxLPS, Lambda achieved 24% higher token throughput within the same power budget as a 16-node baseline.

September 10 Lambda

Lambda collaborates on OpenResearcher pipeline

It trains scalable deep research agents using synthetic data, achieving top benchmark results. NVIDIA adopts the method for Nemotron models.

Media coverage

October 6 Reuters

Nvidia-backed Lambda targets $4 billion raise ahead of planned IPO, WSJ reports

Nvidia-backed cloud-computing company Lambda is raising up to $4 billion at a pre-money valuation ‌...

September 30 Yahoo Finance

Lambda Closes $1 Billion Senior Secured Fixed Rate Financing

Lambda, Inc. ("Lambda"), the Superintelligence Cloud, today announced the closing of a $1 billion investment-grade, delayed draw term loan (the "Facility") marketed to insurance companies...

September 22 StorageNewsletter

Lambda Closes $926 Million Senior Secured Term Loan B Facility, Backing GPU Deployment for an Investment-Grade Customer

Lambda Closes $926 Million Senior Secured Term Loan B Facility Backing GPU Deployment Investment-Grade Customer ...

August 31 Reuters

Anthropic signs $35 billion cloud deal with Nvidia-backed Lambda, source says

Anthropic has signed a cloud-computing deal worth $35 billion with Lambda, a cloud provider backed ...

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