Funding
Nvidia investment: AI cloud startup Lambda raises $480 million in new round; Nvidia among investors
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Lambda, a cloud computing firm specializing in providing hardware and services to power artificial intelligence development, has raised $480 million in a Series D equity round from investors including Nvidia , the company told Reuters.
The round was co-led by Andra Capital and SGW, the family office of early Google investor Scott Hassan, bringing its total equity raised to $863 million.
The company did not disclose its valuation, but sources said this round gave the firm a post-money valuation of $2.5 billion. ARK Invest, G Squared, and servers…
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