Lambda raises ~$1B in private debt to buy Nvidia GPUs for Microsoft lease
#lambda#nvidia#gpu#microsoft
AI cloud provider Lambda has raised approximately $1 billion in private short-dated debt to finance the purchase of Nvidia GPUs, which will be leased by Microsoft. The deal, reported by Bloomberg, highlights growing demand for GPU compute capacity and the role of debt financing in scaling AI infrastructure.
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Emily Graffeo / Bloomberg : Sources: AI cloud computing provider Lambda raised ~$1B of private short-dated debt to finance the purchase of Nvidia GPUs, which will be leased by Microsoft — Lambda Inc., an AI cloud-computing provider backed by Nvidia Corp., has raised about $1 billion of private short-dated debt …
