AI cloud company Lambda has shuffled its leadership team and appointed a new CEO. The company has hired Michel Combes as its new CEO, while co-founder and former CEO Stephen Balaban is stepping into ...

SAN FRANCISCO--(BUSINESS WIRE)--Lambda, the Superintelligence Cloud, today announced an expanded leadership structure assembled to match the scale of the opportunity in front of the company. As demand ...

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Artificial intelligence infrastructure startup Lambda Inc. today announced that it has closed a late-stage funding round worth more than $1.5 billion. TWG Global, a holding company led by billionaire ...

Lambda has raised more than $1.5B in Series E funding, which the cloud company plans to invest in expanding access to artificial intelligence. "This round of funding helps enable Lambda to develop ...

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SK Hynix is considering paying about 0.5% of the proceeds from its U.S. listing to banks working on the deal, Bloomberg ‌News reported on Saturday citing people familiar with the matter. Reuters, the ...

Cloud provider Lambda might be following rival CoreWeave to the public markets. Lambda, an AI infrastructure company offering on-demand GPUs, has hired banks for an upcoming IPO, according to ...

Lambda Labs Inc. is believed to be holding talks about a new funding round that could value it between $4 billion and $5 billion. Bloomberg reported the discussions on Thursday. It’s unclear who might ...

Lambda Inc., a cloud infrastructure firm which counts Nvidia Corp. among its backers, is in talks with investors about a funding round that could value the company at $4 billion to $5 billion ahead of ...