Nvidia-backed Lambda Sees Surge in AI Computing Power Orders

Nvidia-backed Lambda is raising up to $4 billion in funding, valuing the company at $14.5 billion pre-money.

The company’s AI computing power orders have been increasing rapidly, reaching $150 billion in June and $50 billion in September.

Lambda’s management aims to go public in 2027, but the exact timing will depend on the company’s preparation and market conditions.