AI cloud startup Lambda raises $480 million in new round; Nvidia among investors
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Lambda, a cloud computing firm focused on AI development, has raised $480 million in a Series D round with Nvidia as one of the investors.
February 19, 2025 | 4:30 pm
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Nvidia has invested in Lambda's $480 million Series D funding round, indicating its strategic interest in AI cloud computing.
Nvidia's investment in Lambda suggests a strategic move to strengthen its position in the AI cloud computing sector. This could positively impact Nvidia's stock as it aligns with the company's growth strategy in AI technologies.
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