Report
Nvidia-backed Lambda is reportedly raising up to $4 billion before a planned IPO
The Wall Street Journal reports a $14.5 billion pre-money valuation and says Lambda is targeting a 2027 IPO.
TLDR
The Wall Street Journal reports that Nvidia-backed cloud-computing company Lambda is raising up to $4 billion in a final funding round before its planned IPO. The round has a $14.5 billion pre-money valuation, and Lambda is targeting an IPO in 2027.
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