AI cloud provider Lambda has raised $480 million in a Series D round led by Andra Capital and SGW, with backing from GPU, ARK Invest, In-Q-Tel, and Supermicro. The funding will expand Lambda’s cloud platform, helping developers train, fine-tune, and deploy AI models faster. CEO Stephen Balaban envisions a future of “one person, one GPU,” making AI accessible to all.
- AI, ARK Invest, cloud, GPU, In-Q-Tel, Lambda, Supermicro