Reported 2 days ago
Cloud provider Lambda is reportedly planning an IPO, potentially following its competitor CoreWeave. The AI infrastructure company, known for on-demand GPUs, has engaged Morgan Stanley, J.P. Morgan, and Citi for its public listing, which may occur in early 2026. Having raised over $1.7 billion from various investors, including Nvidia and Alumni Ventures, Lambda aims to capitalize on the growing market for AI services.
Source: YAHOO