Sources: AI neocloud Lambda is raising up to $4B led by Blackstone and Coatue at a pre-money valuation of $14.5B in a final round before its planned IPO (Robbie Whelan/Wall Street Journal)
Robbie Whelan / Wall Street Journal : Sources: AI neocloud Lambda is raising up to $4B led by Blackstone and Coatue at a pre-money valuation of $14.5B in a final round before its planned IPO Blackstone and Coatue are leading the round, which values the cloud-computing startup at $14.5 billion pre-m…
Read the full story at Techmeme ↗
Timeline · 2 reports
- 2026-10-06 17:28 · Wall Street Journal Technology
AI-Computing Startup Lambda Is Raising $4 Billion in Final Round Before Planned IPO - 2026-10-06 17:10 · Techmeme
Sources: AI neocloud Lambda is raising up to $4B led by Blackstone and Coatue at a pre-money valuation of $14.5B in a final round before its planned IPO (Robbie Whelan/Wall Street Journal)
More stories
- I would like to run Qwen 3.8 Flash Next. — r/LocalLLM
- Why Telecom Operators Are Building Their AI Strategy on Open Models — NVIDIA Blog
- Anthropic's IPO prospectus: Dario Amodei made $18M in 2025, ranking in the middle of top tech executives, and President Daniela Amodei, his sister, made $16.4M (Reuters) — Techmeme
- Mistral releases Mistral Large 4, dubbed "le Chonk", a 1T-parameter open-weight model for general agentic capabilities, trained on 4,000 Nvidia Grace Blackwells (Sabrina Ortiz/The Deep View) — Techmeme
- Reflection AI releases first open model to rival China — The Hill Technology
- A 0.8B model just beat a 2B model on ARC-Challenge (42.15%): Closed-form weight surgery beat multi-GPU SFT with 0 backprop (Independently verified on NVIDIA L4) — r/LocalLLaMA
- TagScribeR rebuilt: a free, local dataset studio with native LoRA training (AMD ROCm and NVIDIA) — r/StableDiffusion
- Nvidia Heads for $6 Trillion Value as Chips Rally — Bloomberg AI
Get the daily brief of stories like this at 6:30 every morning →