AI compute startup Lambda seeks $4 billion ahead of a possible IPO
AI computing startup Lambda to raise $4B ahead of planned IPO
- Who
- Lambda
- When
What happened
Cloud provider Lambda is raising up to $4 billion at a $14.5 billion pre-money valuation in a round led by Coatue Management and Blackstone. It could be the company's last private financing before a planned 2027 IPO.
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