Nvidia-Backed Lambda Seeks $5B Valuation in AI Funding Push

Lambda Inc., an Nvidia-backed AI cloud firm, is negotiating funding at a $4-5 billion valuation to fuel growth amid surging AI demand. Founded in 2012, it offers flexible GPU services, recently raising $480 million. This positions Lambda for a potential 2025 IPO, potentially disrupting hyperscalers like AWS and Azure.

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