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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.
STACK Infrastructure is building a 144MW data center campus in Loudoun County, Virginia, strengthening its position in the world’s largest data center hub. The two-building, AI-ready facility will run on 100% renewable energy and feature advanced cooling for high-performance computing. With 4.0GW of active capacity and 6.0GW in development, STACK continues to expand globally, supporting the growing demand for hyperscale and cloud infrastructure.
AWS has relinquished its CISPE board seat after new rules restricted non-European cloud giants from holding leadership roles. While AWS remains a non-voting member, the shift strengthens CISPE’s European-driven mission for cloud sovereignty. The move follows AWS’s opposition to Microsoft joining CISPE after settling a €20M antitrust case. The new board now includes leaders from Anexia, Hyve, Leaseweb, Outscale, and Register.
GPU cloud provider Fluidstack has teamed up with the French government to develop one of the world’s largest low-carbon AI supercomputers. Powered by France’s nuclear energy, the 1GW facility will support advanced AI model training and generate thousands of tech jobs. The €10 billion project will deploy 500,000 AI chips in its first phase, aiming to scale beyond 1GW by 2028, solidifying France’s AI leadership in Europe.
After nearly 500 days in captivity, AWS engineer Alexander Troufanov has regained his freedom. Amazon CEO Andy Jassy acknowledged the company’s role in supporting efforts for Troufanov’s release, emphasizing that their silence was intentional to avoid jeopardizing his safety. Critics had questioned Amazon’s lack of public statements, but Jassy reaffirmed that the priority was always securing Troufanov’s safe return.
Microsoft is investing PLN 2.8 billion ($704M) to expand its AI and cloud data centers in Poland by June 2026. The move strengthens Warsaw’s Azure region, supports cybersecurity collaboration with Polish National Defense, and advances renewable energy initiatives. This investment aligns with Microsoft’s broader $80 billion AI infrastructure expansion, reinforcing Poland’s position as a key tech hub in Eastern Europe.
