Lambda, an AI computing infrastructure startup backed by Nvidia, is planning a funding round of up to $4 billion ahead of a targeted 2027 initial public offering, according to TechCrunch. The company is seeking a pre-money valuation of $14.5 billion in the proposed raise. TechCrunch also reported that Coatue and Blackstone are set to lead the round. The planned financing would come before Lambda’s expected IPO timeline in 2027. No additional terms were disclosed in the source report provided here.
Lambda, an AI computing infrastructure startup backed by Nvidia, is planning to raise up to $4 billion ahead of a targeted 2027 initial public offering, according to TechCrunch.
The company is seeking a pre-money valuation of $14.5 billion. TechCrunch reported that Coatue and Blackstone are expected to lead the round.
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