AI neocloud Lambda raising up to $4B at $14.5B pre-money ahead of IPO

gharik · x · 2026-10-07

AI neocloud Lambda is raising up to $4B led by Blackstone and Coatue at a $14.5B pre-money valuation, in what sources tell WSJ is a final round before its planned IPO — another sign of surging valuations among GPU cloud providers.

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