AI cloud startup Lambda raises $480m from Nvidia, others

AI cloud startup Lambda raises $480m from Nvidia, others

FILE PHOTO: A smartphone with a displayed NVIDIA logo is placed on a computer motherboard in this illustration taken March 6, 2023. REUTERS/Dado Ruvic/Illustration/File Photo

Lambda, a cloud computing firm specialising in providing hardware and services to power artificial intelligence development, has raised $480 million in a Series D equity round from investors including Nvidia, the company told Reuters.

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