3 stories found
AI cloud provider Lambda Inc., backed by Nvidia, has raised approximately $1 billion in short-term private debt to fund computing chip purchases tied to its partnership with Microsoft.
Lambda Inc., an AI cloud-computing provider supported by Nvidia Corp., has finalized a $926 million leveraged-loan deal to finance its artificial intelligence buildout.
Lambda Inc., an AI cloud-computing provider backed by Nvidia, is selling a leveraged loan to finance a chip deal, marking a new trend in the risky debt market for AI infrastructure.