AI Computing Startup Lambda Seeks Up to $4 Billion Ahead of Planned IPO
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Nvidia-backed Lambda is raising up to $4 billion at a $14.5 billion pre-money valuation, led by Coatue Management and Blackstone, before a planned 2027 IPO. Its backlog rose from $15 billion in June to $50 billion in September, driven by Anthropic’s $35 billion commitment.
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