Nvidia-Backed Lambda Inc. Secures $1 Billion in Private Debt for Chip Collaboration

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.

28 Aug, 16:37 — 28 Aug, 16:37

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bloombergHigh8h ago

Nvidia-Backed Lambda Inks $1 Billion Private Debt for Chip Deal

Lambda Inc., an AI cloud-computing provider backed by Nvidia Corp., has raised about $1 billion of private short-dated debt for computing chips tied to its collaboration with Microsoft Corp.

By Emily Graffeo

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Nvidia-Backed Lambda Inc. Secures $1 Billion in Private Debt for Chip Collaboration

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Nvidia-Backed Lambda Inks $1 Billion Private Debt for Chip Deal

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