Lambda sells leveraged loan to finance Nvidia chip deal
Lambda Inc., an AI cloud provider backed by Nvidia, is selling a leveraged loan to finance a chip deal. The risky debt market is becoming a new front in the borrowing binge funding the AI buildout.
1 source
Daily brief
Get tomorrow's AI brief in your inbox
More stories today
- Morgan Stanley's Weaver warns of AI-compute bottleneck risks
- Claude Code 2.1.229 is about to be released
- Immich manages self-hosted photo libraries with AI features
- Open-source CUDA alternative targets portable AMD GPU code
- Silicon Data raises $30.5M to benchmark AI compute