Lambda is a leading AI infrastructure company providing high-performance GPU clusters that enable enterprises to train and deploy advanced machine learning models at scale. The company’s solutions are designed to accelerate innovation in AI research and development, serving both startups and global tech leaders. Its newest launch, an on-demand GPU cloud platform, allows businesses to seamlessly access scalable compute for next-generation AI workloads.
Lambda is reportedly in talks to raise a new funding round led by Nvidia, which could bring its valuation to over $4 billion. The company is also said to be weighing a potential IPO as investor interest in AI infrastructure continues to surge.
Lambda, headquartered in San Jose, California, United States, was founded in 2012 by Stephen Balaban and Michael Balaban. In 2024, the company joined the unicorn club. With more than $860 million raised to date, Lambda aims to expand its GPU cloud offerings, scale its data center capacity, and explore a potential IPO as it strengthens its role in powering next-generation AI applications.