Nvidia-backed Lambda targets $4 billion raise ahead of planned IPO, WSJ reports


An NVIDIA logo appears in this illustration taken August 25, 2025. REUTERS/Dado Ruvic/Illustration/File Photo

Oct 6 (Reuters) - ⁠Nvidia-backed cloud-computing company Lambda is ⁠raising up to $4 billion at ‌a pre-money valuation of $14.5 billion in what would be its final funding round ​before a planned initial ⁠public offering, ⁠the Wall Street Journal reported on ⁠Tuesday, citing ‌people familiar with the matter.

Here are more ⁠details:

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