Lambda secures $1B in debt financing

Lambda is a cloud-based platform that provides high-performance GPU hardware and cloud infrastructure for AI model training and inference. The company announced a $1B debt financing on May 7, 2026, from its base in San Francisco, US. Investors and valuation were not disclosed in Crunchbase's round record; Lounge adds them as they are reported. It has raised more than $100M in total venture funding.