Brief
Lambda Seeks Up to $4 Billion Ahead of Planned 2027 IPO
Lambda is raising up to $4 billion at a $14.5 billion valuation as the Nvidia-backed AI cloud provider prepares for a planned 2027 IPO and further growth.
204 articles · page 1 of 17 · showing 1 to 12
Lambda is raising up to $4 billion at a $14.5 billion valuation as the Nvidia-backed AI cloud provider prepares for a planned 2027 IPO and further growth.
Amazon says AWS has stopped using nondisclosure agreements with government agencies for data centre projects in response to growing concerns about transparency, energy use, water use, and…
AI chip startup Etched is reportedly reviewing funding offers at valuations of $40-$50 billion, just weeks after raising $700 million at a $21 billion valuation.
Amazon says it no longer uses NDAs with government agencies for data centre projects, as communities raise concerns about transparency, water use, and power use.
Google launches its first TPU into orbit for Project Suncatcher as it studies whether lower Starship launch costs could make space-based AI data centres viable.
Restate has raised $20 million to expand its durable workflow infrastructure as companies build more complex AI agent systems.
Former Google executives Bonita Stewart and Jackson Georges have launched an $11.3 million fund to invest in enterprise AI startups.
Anthropic’s IPO prospectus reveals major AI safety risks, rising revenue, infrastructure spending, and billions in operating losses.
Modal Labs is nearing a $750 million funding round at a $15.75 billion valuation, as demand for AI inference infrastructure grows.
Anthropic will spend $11.6 billion on Akamai cloud infrastructure over seven years, in a deal that could expand to roughly $20 billion.
British AI neocloud Nscale has secured $3.36 billion in convertible financing as it prepares for a U.S. IPO that could value the company at $35 billion.
Oracle issues a force majeure notice for its New Mexico Stargate data centre amid pipeline delays and pending energy permits, while maintaining its 2028 target.
Written by the reporters who cover each beat. Unsubscribe in one click.