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Lambda reportedly raising $4bn ahead of planned IPO

Past event1 reports1 sourcesupdated 10 d ago

What happened

AI digest

Cloud provider Lambda is raising up to $4bn at a $14.5bn pre-money valuation, led by Coatue Management and Blackstone, according to The Wall Street Journal. The report says it could be the company's final private round before a planned 2027 IPO. The round remains at the reporting stage, with no further details disclosed.

Written by AI from the reports · updated 9 d ago

LatestOct 7 04:00
Lambda is reported to be raising up to $4bn at a $14.5bn pre-money valuation, possibly its last round before a 2027 IPO.

Timeline

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Oct 7
  1. TechCrunch · AI
    AI computing startup Lambda to raise $4B ahead of planned IPO

    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.