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Cloud provider Lambda may be gearing up for an IPO
Lambda, which allows companies to rent GPUs, is reportedly following its rival CoreWeave to the public market.
Lambda, an AI infrastructure company offering on-demand GPUs, has hired bankers for an upcoming IPO, according to reporting from The Information. The company has raised more than $1.7 billion in funding, according to Crunchbase data, from investors including Nvidia, Alumni Ventures, and Andra Capital, among others. StrictlyVC Provides movers and shakers with the info they need to start their day.
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