EventBusinessOctober 6, 2026

Lambda to raise $4B at $14.5B valuation ahead of 2027 IPO

Read original source →techcrunch.com

Nvidia-backed cloud provider Lambda is raising up to $4 billion led by Coatue and Blackstone, at a $14.5 billion pre-money valuation. Its backlog grew from $15 billion in June to $50 billion in September, largely on a $35 billion Anthropic commitment signed in late August.

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