AI Cloud Provider Lambda in Talks for $3 Billion Pre-IPO Round

What happened

Lambda Inc., an AI cloud-computing provider backed by Nvidia Corp., is in talks to raise as much as $3 billion in a round that could tee it up to go public next year, according to people familiar with the efforts.

Summary assembled by rule from the sources below

Timeline

1. 23:36
   First appeared on Bloomberg TechnologyBloomberg Technology

Sources