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Lambda Secures $800M in Series C Funding to Drive Innovation in GPU Cloud Technology

Lambda

Funding Amount
USD 800.0M
Company Size
51-200 employees
Industry
Software Development

We are thrilled to announce that Lambda, a leading provider of high-performance computing solutions, has successfully raised $800 million in its latest funding round. This significant investment underscores the growing demand for advanced computational capabilities essential for propelling human progress across various fields. With a relentless commitment to innovation, Lambda specializes in providing cutting-edge GPU cloud infrastructure, clusters, servers, and workstations tailored specifically for deep learning applications. Our robust platform is trusted by an impressive roster of clients, including tech giants like Intel, Microsoft, Google, and Amazon Research, as well as distinguished academic institutions like MIT, Stanford, Harvard, and Caltech. This funding will enable Lambda to further accelerate its mission of empowering engineers and researchers by enhancing our technological offerings and expanding our infrastructure. We aim to develop even more powerful solutions that can seamlessly support the groundbreaking work being done in artificial intelligence, healthcare, and scientific research. As we continue to advance computation capabilities, we are excited to play a pivotal role in driving forward the future of technology and innovation. This funding round not only validates our vision but also opens new avenues for collaboration and growth as we work tirelessly to contribute to the ever-evolving landscape of human knowledge. Our team of dedicated deep learning engineers is eager to push the boundaries of what is possible, and with this investment, we are more equipped than ever to transform the technological landscape. Stay tuned for more updates as we embark on this exciting journey together!

September 11, 2024

Buying Signals & Intent

This company has expressed interest in the following products and services:

Analyzed by AI based on company activities and public data
  • AI Training
  • On-Demand GPU Clusters
  • NVIDIA GPUs
  • Deep Learning Workstations
  • Cloud Services

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