Lambda Eyes $4 Billion Funding at $14.5 Billion Valuation Before 2027 IPO

7 Oct 2026, 1:30 am · 1h ago · 1 min read · TechCrunch AINew

Amount

$4B

Stage

Pre-IPO

Lead

Coatue and Blackstone

Nvidia-backed AI cloud computing provider Lambda is raising up to $4 billion in a fresh funding round at a pre-money valuation of $14.5 billion. The round is being led by investment firms Coatue Management and Blackstone. The significant capital injection is planned ahead of the startup's targeted initial public offering in 2027. Lambda specializes in providing specialized GPU cloud infrastructure and servers to AI companies and developers. The latest mega-round highlights the sustained global demand for high-performance computing power to build, train, and deploy advanced artificial intelligence models across diverse industries.