AI
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Company Snapshot
Lambda is a AI infra company, based in San Jose, California, USA, founded 2012 by Stephen Balaban, Michael Balaban. Latest valuation $5.9B (As of Nov 1, 2025, techflier.com). Total funding $3.1B+ (As of Nov 1, 2025).
Recent changes
- Sep 1, 2026Sep 1, 2026Anthropic's $35B Lambda Deal Has Nvidia Playing Landlord Pulse story
- Sep 1, 2026Sep 1, 2026Anthropic Signs $35B Cloud Deal With Nvidia's Lambda Pulse story
- Aug 28, 2026Aug 28, 2026Raised $1B Debt at a $5.43 billion valuation TechCrunch
- Aug 28, 2026Aug 28, 2026Lambda Borrows $1B to Buy GPUs for Microsoft Pulse story
- Nov 1, 2025Nov 1, 2025Raised $1.5B Series E at a $5.9B valuation techflier.com
Earlier changes (7)
- Nov 1, 2025Nov 1, 2025First reported total funding: $3.1B+ Clay
- Nov 1, 2025Nov 1, 2025First reported valuation: $5.9B techflier.com
- Nov 1, 2025Nov 1, 2025New investor: TWG Global techflier.com
- Nov 1, 2025Nov 1, 2025New investor: Andrej Karpathy techflier.com
- Nov 1, 2025Nov 1, 2025New investor: ARK Invest techflier.com
- Nov 1, 2025Nov 1, 2025New investor: NVentures techflier.com
- Feb 1, 2025Feb 1, 2025Raised $480M Series D at a $2.5B valuation Clay
Funding History
3 events · sources dated per row| Date | Event | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| Aug 28, 2026 | Debt | $1B | $5.43 billion | Pulse story | |
| Nov 1, 2025 | Series E | $1.5B | $5.9B | outlined = lead | techflier.com |
| Feb 1, 2025 | Series D | $480M | $2.5B | Andra CapitalSGW | Clay |
Investors
Latest Pulse
- Sep 1, 2026Anthropic Signs $35B Cloud Deal With Nvidia's LambdaAnthropic signed a $35 billion computing deal with Nvidia-backed cloud provider Lambda for roughly 350 megawatts of GPU capacity at a new Hut 8-developed data center in Nueces County, Texas, days after committing $45 billion to a separate West Virginia campus.→
- Sep 1, 2026Anthropic's $80 Billion Week, By the DealsAnthropic's $35 billion Lambda deal is its third disclosed AI-compute commitment in under a month, bringing total new compute spending to roughly $90 billion in three weeks.→
- Sep 1, 2026Anthropic's $35B Lambda Deal Has Nvidia Playing LandlordAnthropic will pay Lambda $35 billion for Nvidia-powered cloud capacity in Texas, in a deal where Nvidia itself holds the lease on the data center -- chip supplier, investor and landlord in the same transaction.→
- Aug 28, 2026Lambda Borrows $1B to Buy GPUs for MicrosoftAI cloud provider Lambda raised $1 billion in short-dated private debt arranged by JP Morgan to purchase chips it will lease to Microsoft, its third nine-figure financing this year ahead of a reported pre-IPO round.→
Coverage Timeline
newest first- Sep 1, 2026AIAnthropic Signs $35B Cloud Deal With Nvidia's Lambda$35B cloud deal→
- Sep 1, 2026AIAnthropic's $80 Billion Week, By the Deals~$90B in 3 weeks→
- Sep 1, 2026AIAnthropic's $35B Lambda Deal Has Nvidia Playing Landlord$35B compute deal→
- Aug 28, 2026FUNDINGLambda Borrows $1B to Buy GPUs for Microsoft$1B debt facility→
All Coverage
AI$35B cloud deal
Anthropic Signs $35B Cloud Deal With Nvidia's Lambda
Anthropic signed a $35 billion computing deal with Nvidia-backed cloud provider Lambda for roughly 350 megawatts of GPU capacity at a new Hut 8-developed data center in Nueces County, Texas, days after committing $45 billion to a separate West Virginia campus.
DEEP DIVE
AI
Anthropic's $80 Billion Week, By the Deals
AI~$90B in 3 weeks
Anthropic's $80 Billion Week, By the Deals
Anthropic's $35 billion Lambda deal is its third disclosed AI-compute commitment in under a month, bringing total new compute spending to roughly $90 billion in three weeks.
FOLLOW-UP
AI
Anthropic's $35B Lambda Deal Has Nvidia Playing Landlord
AI$35B compute deal
Anthropic's $35B Lambda Deal Has Nvidia Playing Landlord
Anthropic will pay Lambda $35 billion for Nvidia-powered cloud capacity in Texas, in a deal where Nvidia itself holds the lease on the data center -- chip supplier, investor and landlord in the same transaction.
DEEP DIVE
FUNDING
Lambda Borrows $1B to Buy GPUs for Microsoft
FUNDING$1B debt facility
Lambda Borrows $1B to Buy GPUs for Microsoft
AI cloud provider Lambda raised $1 billion in short-dated private debt arranged by JP Morgan to purchase chips it will lease to Microsoft, its third nine-figure financing this year ahead of a reported pre-IPO round.
DEEP DIVE
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Sources & methodologyshow
Where these figures come from
- TechCrunchmajor outlet1 fact
- ClayValue Add VC data2 facts
- techflier.comValue Add VC data2 facts
Figures are labelled Reported (a source states it), Estimated, Derived (computed from other facts) or Rumored (in talks / unconfirmed). Rumors never replace a confirmed figure. Each figure keeps its own as-of date; history is preserved rather than overwritten.