Industry·EASYHUB JOURNAL
Nvidia-backed Lambda reportedly seeks up to $4B in a final funding round before a planned IPO
What changed
Reuters reported on October 6, citing the Wall Street Journal and people familiar with the matter, that Nvidia-backed AI cloud company Lambda is seeking to raise up to $4 billion at a roughly $14.5 billion pre-money valuation in what could be its final private round before a planned IPO. The financing is reported rather than announced as closed.
- Original title
- Nvidia-backed Lambda targets $4 billion raise ahead of planned IPO, WSJ reports
- Source
- Reuters · www.reuters.com
- Topic
- Industry
- Source month
- 2026-10
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Summary page published · Editorial information