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Lambda Secures $480M Series D to Expand AI Cloud Platform
Slice of Technology Team
February 26, 2025
Key Highlights:
Lambda raises $480 million in Series D, bringing total funding to $863 million.
Round co-led by Andra Capital & SGW, with participation from NVIDIA, ARK Invest, and more.
Investment to accelerate Lambda Cloud expansion, Model Inference API, and Chat AI Assistant.
Launch of 1-Click Clusters, self-serve GPU clusters for AI model training.
JPMorgan acted as private placement agent in the financing.
Source: Business Wire
Notable Quotes:
“AI is fundamentally restructuring our economy. Lambda is investing billions of dollars to build the software platform and infrastructure powering AI.”
“We’re confident that Lambda’s solutions will be central to powering the next wave of AI-driven innovation and delivering tangible value across industries.”
Why This Matters:
As AI adoption skyrockets, the need for scalable and high-performance cloud infrastructure is more critical than ever. Lambda’s latest funding round positions the company to become a major hyperscaler, providing developers with cutting-edge tools for AI training, fine-tuning, and inference. With a strong investor lineup, including NVIDIA and ARK Invest, Lambda is poised to accelerate AI innovation across industries.
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