Thursday, 20 February, 2025

Lambda Secures $480 Million Series D Funding with Nvidia as Key Investor

AI cloud computing startup Lambda has raised $480 million in a Series D funding round, bringing its total equity raised to $863 million. The round was co-led by Andra Capital and SGW, with participation from Nvidia, ARK Invest, G Squared, and Super Micro. Lambda specializes in providing cloud services and software for training, fine-tuning, and deploying AI models, leveraging Nvidia's GPUs to meet the growing demand in AI development.