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Lambda is in talks to raise up to $3bn in pre-IPO financing at a valuation of $12bn or more, according to Bloomberg, as the Nvidia-backed cloud provider prepares for a listing expected next year. The raise follows a very different kind of financing earlier in its run, when Lambda borrowed $917mn against its GPUs to buy more […]
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<p>Across 107 enterprises, AI infrastructure spending is accelerating well ahead of the ability to see or steer its economics. Most organizations run their AI on a familiar base of hyperscalers [...]