WORLDTECH NEWS Global technology intelligence.Contact
← Back to WORLDTECH

AI computing startup Lambda to raise $4B ahead of planned IPO

Contemporary office setting with diverse employees working diligently at their cubicles.
Illustrative photo.Photo by cottonbro studio on Pexels

What happened

Nvidia-backed Lambda is raising up to $4 billion at a $14.5 billion pre-money valuation ahead of a planned 2027 IPO (the sale of a company’s shares to the public on a stock exchange), led by Coatue and Blackstone.

Sources & evidence