AINewsnow

Sources: AI cloud computing provider Lambda raised ~$1B of private short-dated debt to finance the purchase of Nvidia GPUs, which will be leased by Microsoft (Emily Graffeo/Bloomberg)

This story is from 2026-08-28. It is preserved in the archive; the latest stories are on the live feed.

Emily Graffeo / Bloomberg : Sources: AI cloud computing provider Lambda raised ~$1B of private short-dated debt to finance the purchase of Nvidia GPUs, which will be leased by Microsoft Lambda Inc., an AI cloud-computing provider backed by Nvidia Corp., has raised about $1 billion of private short-…

Read the full story at Techmeme ↗

Timeline · 1 report

  1. 2026-08-28 18:30 · Techmeme
    Sources: AI cloud computing provider Lambda raised ~$1B of private short-dated debt to finance the purchase of Nvidia GPUs, which will be leased by Microsoft (Emily Graffeo/Bloomberg)

More stories

  1. Deployed Qwen 3.6 35B A3B on a single DGX Spark supporting 12 concurrent users at 262K context. Are there better ways to optimize this? — r/LocalLLM
  2. Nvidia-Backed Data Center Firm Nscale Files Publicly for IPO — Bloomberg AI
  3. Microsoft exec called AI scraping the “largest theft of labor in human history” — Ars Technica AI
  4. OpenAI and Microsoft knew they were starting a ‘doom loop’ for the web — The Verge AI
  5. Amid growing AI fears, King Charles meets with industry leaders in Scotland — NPR Technology
  6. Implementing defense-in-depth authorization for MCP tools on Amazon Quick — AWS Machine Learning Blog
  7. Migrating the GitHub Copilot runtime to Rust, using Copilot — GitHub Blog
  8. King Charles to press Nvidia, OpenAI, Anthropic leaders on AI safety at summit — CNBC Technology

Get the daily brief of stories like this at 6:30 every morning →