⚡Funding Brief⚡ According to Bloomberg, Nvidia-backed AI cloud provider Lambda is in talks to raise as much as $3 billion in a round that could value the company at more than $12 billion, potentially paving the way for an IPO as early as next year. The negotiations are ongoing, and the funding amount, valuation, and other terms have not been finalized. Lambda is a "neocloud" provider that rents out Nvidia GPU cloud computing and related infrastructure to enterprises, developers, and AI labs for model training and inference. The company completed a $480 million Series D round in February 2025, led by Andra Capital and SGW, with participation from Nvidia, ARK Invest, and AI researcher Andrej Karpathy, among others. It followed that in November of the same year with a Series E round of more than $1.5 billion, led by TWG Global, with participation from Thomas Tull's US Innovative Technology Fund (USIT). Amid continued momentum in AI infrastructure financing, if Lambda completes this new round at a valuation above $12 billion as reported, it would mark a significant jump from its February 2025 Series D valuation. However, until an official announcement is made, the amount, valuation, and IPO timeline should be treated as unconfirmed market information. Source: Bloomberg, Lambda官方公告 Image: Lambda