NVIDIA support! Cloud service provider Lambda rushes for IPO financing, valuation may exceed $4 billion
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Cloud computing infrastructure company Lambda is in talks with investors for a new round of financing, with an expected company valuation of $4 to $5 billion in preparation for an initial public offering (IPO). Lambda has received investment from NVIDIA and plans to go public by the end of the year, with the financing scale potentially reaching hundreds of millions of dollars. The company raised $480 million in its Series D financing completed in February this year, with a valuation of $2.5 billion. Lambda has deployed over 1 million NVIDIA GPUs in data centers across multiple cities, with total financing exceeding $860 million
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