Funding

Nvidia investment: AI cloud startup Lambda raises $480 million in new round; Nvidia among investors

Published

on

[ad_1]

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…

[ad_2]

Source link

You must be logged in to post a comment Login

Leave a Reply

Cancel reply

Exit mobile version