AI brief
Lambda, an AI computing startup backed by Nvidia, is raising up to $4 billion at a $14.5 billion pre-money valuation ahead of a planned 2027 IPO. The round is led by Coatue and Blackstone.
Why it matters: It is a large funding round for an AI computing company that plans to go public in 2027.
Written by AI from TechCrunch AI's published text.
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Source
“Nvidia-backed Lambda is raising up to $4 billion at a $14.5 billion pre-money valuation ahead of a planned 2027 IPO, led by Coatue and Blackstone.”
Reporting from a publisher outside the organisation being covered.
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