AI cloud provider Lambda secures loans to finance Nvidia chip deal
Lambda Inc. is selling a leveraged loan to fund a new chip acquisition, marking a shift toward using risky debt markets to finance AI infrastructure expansion.
1 source
Daily brief
Get tomorrow's AI brief in your inbox
More stories today
- OpenAI-backed Thrive Holdings raises $2B to bring AI to the enterprise
- Open Instruct tutorial covers LLM post-training with SFT, DPO, GRPO
- Twitch streamers can now opt out from training Amazon's AI
- OpenWALDO project launches to create shared, open-source AI training dataset
- MIT Technology Review report: Legacy data systems limit AI agents