The Wall Street Journal reported, citing people familiar with the matter, that Lambda, a cloud computing company backed by Nvidia, is seeking to raise as much as $4 billion. The fundraising is said to be taking place at a pre-money valuation of $14.5 billion. No other deal terms were disclosed in the brief report cited by ChainCatcher. The update centers on the size of the proposed round, Lambda’s stated valuation before the new capital is added, and the company’s connection to Nvidia. The report did not provide further details on timing, investors, or the final status of the fundraising.
ChainCatcher, citing The Wall Street Journal, reported that Lambda, a cloud computing company backed by Nvidia, is seeking to raise up to $4 billion at a pre-money valuation of $14.5 billion, according to people familiar with the matter.
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