Lambda Targets $14.5 Billion Valuation in $4 Billion Pre-IPO Funding Round
Lambda is raising up to $4 billion at a $14.5 billion pre-money valuation, with Blackstone and Coatue leading the round ahead of a planned 2027 IPO.
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Lambda is raising up to $4 billion at a $14.5 billion pre-money valuation, with Blackstone and Coatue leading the round ahead of a planned 2027 IPO.
Akamai shares surged after Anthropic committed $11.6 billion to the company’s cloud infrastructure over seven years, transforming the scale of its AI computing business.
Oracle employees reportedly lost system, Slack and office access before receiving early-morning layoff emails as the company begins another round of job cuts.
Alibaba’s quarterly profit fell about 75% as aggressive investment in AI infrastructure and cloud computing continued to pressure near-term earnings.
Nebius reported another explosive quarter as revenue jumped 454% year over year, driven by record demand for AI cloud infrastructure and multibillion-dollar customer contracts.
Amazon’s market capitalization surpassed $3 trillion for the first time after a strong quarterly earnings report showed accelerating cloud growth driven by rising demand for AI infrastructure.
Amazon beat Wall Street expectations on earnings, revenue, and AWS growth, while announcing its AI and chip businesses each now generate more than $25 billion in annual revenue.
Cloudflare has opened the waitlist for Monetization Gateway, a service that enables websites, APIs, datasets, and AI tools to charge for access through the open x402 payment protocol.
Meta shares jumped after a report said the company is developing a cloud business that will sell AI models and excess computing capacity to external customers.
Microsoft is heading for its worst month since 2000 as investors question whether its massive AI investments will generate adequate returns.
Google will pay SpaceX $920 million per month for access to approximately 110,000 Nvidia GPUs and AI infrastructure.
Alphabet unveiled an $80 billion fundraising plan, including public offerings and a Berkshire Hathaway investment, to finance the rapid expansion of its AI computing infrastructure.
Alphabet plans to raise $80 billion to expand AI infrastructure and meet growing demand for Google’s AI services.
Alphabet, Amazon, and other technology firms are raising record debt to finance AI infrastructure and data center expansion.
SoftBank will invest €45 billion in France to build AI data centers and expand computing infrastructure over five years.