Riding high on the AI hype cycle, Lambda – formerly known as Lambda Labs and well known to readers of The Next Platform – has received a $320 million cash infusion to expand its GPU cloud to support ...

AI cloud service provider Lambda has scored a $320 million cash infusion to build out its GPU-based services, which provide AI training clusters made up of thousands of Nvidia accelerators. Lambda is ...

Use left and right arrow keys to seek audio. South Korean telecommunications giant SK Telecom has announced its partnering with US-based GPU cloud startup Lambda on a new GPU farm using NVIDIA H100 AI ...

SK Telecom will launch a GPU cloud service for domestic companies starting this December. To this end, it will transform its Internet Data Center (IDC) located in Gasan-dong, Seoul, into an artificial ...

SAN JOSE, Calif.--(BUSINESS WIRE)--Lambda, the GPU cloud company founded by AI engineers and powered by NVIDIA GPUs, today announced that it has secured a special purpose GPU financing vehicle of up ...

“We’ll build more software tools that delight AI developers and deploy more GPUs to meet the massive customer demand,” said Lambda CEO Stephen Balaban regarding his company’s new $480 million ...

SAN JOSE, Calif.--(BUSINESS WIRE)--Lambda, the GPU cloud company founded by AI engineers and powered by NVIDIA GPUs, today announced it has raised a $320 million Series C led by Thomas Tull’s US ...

AI cloud provider Lambda has signed an agreement with Prime Data Centers to deploy a GPU cluster at a Prime facility in California. The agreement will see Lambda deploying Nvidia Blackwell AI ...

Lambda Labs is reportedly seeking $800m in funding for its GPU cloud offering. According to a report by the Financial Times, the term sheets for the funding round could arrive in mid-July. Coordinated ...