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Lambda reportedly raising up to $4B in final round before planned IPO

Techmeme, citing The Wall Street Journal, says Blackstone and Coatue are leading the round at a $14.5 billion pre-money valuation.

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1 Source, 1h ago, first seen 1h ago

TLDR

Techmeme, citing The Wall Street Journal, reports that AI neocloud Lambda is raising up to $4 billion in a round led by Blackstone and Coatue at a $14.5 billion pre-money valuation. The report describes it as Lambda’s final round before its planned IPO.

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1 Source, first seen 1h ago

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Combined views

2.1K

1 Source, first seen 1h ago

7 likes2 comments3 saves1 reposts

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Techmeme@TechmemeSources: AI neocloud Lambda is raising up to $4B led by Blackstone and Coatue at a pre-money valuation of $14.5B in a final round before its planned IPO (@rwhelanwsj / Wall Street Journal) (Visit Techmeme dot com for the link and full context!)1h
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    Techmeme@TechmemeSources: AI neocloud Lambda is raising up to $4B led by Blackstone and Coatue at a pre-money valuation of $14.5B in a final round before its planned IPO (@rwhelanwsj / Wall Street Journal) (Visit Techmeme dot com for the link and full context!)1h
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