Articles from Lambda

Lambda, the GPU cloud company founded by AI engineers, today announced that Iambic Therapeutics, a clinical-stage life science and technology company developing novel medicines using its AI-driven discovery and development platform, has selected Lambda to provide an NVIDIA HGX B200 cluster to support the training of Enchant, its industry-leading model for molecular property prediction.

Lambda, the AI Developer Cloud, today announced that they are an early adopter providing general availability of multi-node NVIDIA HGX B200-accelerated clusters, on-demand through Lambda 1-Click Clusters. By integrating the breakthrough performance of NVIDIA Blackwell GPUs with self-serve, on-demand access, Lambda enables AI teams to start innovating faster without the overhead of long-term contracts or complex infrastructure management.

Lambda, the AI Developer Cloud, today announced it has raised a $480 million Series D, bringing the total equity capital raised to date to $863 million. The round was co-led by Andra Capital and SGW with participation from new investors Andrej Karpathy, ARK Invest, Fincadia Advisors, G Squared, In-Q-Tel (IQT), KHK & Partners, and NVIDIA, among others, as well as strategic investment from Pegatron, Supermicro, Wistron, and Wiwynn, as well as many existing investors including 1517, Crescent Cove, and USIT.

Lambda, the AI developer cloud, today announced a research grant to power AI research breakthroughs and researchers’ most GPU-dependent workloads. Lambda expects to sponsor hundreds of researchers in the coming year, who will receive up to $5,000 in Cloud Credits and mentoring from Lambda’s Chief Scientific Officer, Chuan Li. Lambda is also scaling its research program in 2025, actively hiring for GenAI and multimodal research, aiming to double the team within a year.

Lambda, the AI developer cloud, today announced a partnership with South Korea's largest mobile telecommunications company, SK Telecom (SKT). Amid increasing demand for AI infrastructure in South Korea, the partnership with SK Telecom represents a key step in Lambda’s vision to bring its AI Cloud to engineers across the world.

Lambda, the GPU cloud company founded by AI engineers and powered by NVIDIA GPUs, has unveiled Lambda 1-Click Clusters, providing AI engineers and researchers short-term access to multi-node GPU clusters in the cloud for large-scale AI model training. The launch marks the first time such access to NVIDIA H100 Tensor Core GPUs on 2 to 64 nodes has been made available on demand and through a self-serve cloud service, without requiring expensive long-term contracts.

Lambda, the GPU cloud company founded by AI engineers and powered by NVIDIA GPUs, today announced that Iambic Therapeutics, a clinical-stage biotechnology company developing novel therapeutics using its unique AI-driven discovery platform, has selected Lambda Cloud to provide NVIDIA H100 Tensor Core GPUs to accelerate training and inference for its leading generative AI drug discovery models.

Lambda, the GPU cloud company founded by AI engineers, today announced the appointment of Peter Seibold as Chief Financial Officer (CFO). Seibold will oversee Lambda’s financial, strategy and business systems functions and serve as a member of senior executive leadership as the company builds a leading GPU cloud for AI, powered by NVIDIA GPUs.

Lambda, the GPU cloud company founded by AI engineers and powered by NVIDIA GPUs, today announced that it has secured a special purpose GPU financing vehicle of up to $500 million to fund the expansion of its on-demand cloud offering. The financing was led by Macquarie Group (“Macquarie”) with participation from Industrial Development Funding (“IDF”), and follows Lambda’s $320 million Series C funding round in February 2024.

Lambda, the GPU cloud company founded by AI engineers and powered by NVIDIA GPUs, today announced it has raised a $320 million Series C led by Thomas Tull’s US Innovative Technology with participation from new investors B Capital, SK Telecom, funds and accounts advised by T. Rowe Price Associates, Inc., and existing investors Crescent Cove, Mercato Partners, 1517 Fund, Bloomberg Beta, and Gradient Ventures, among others. The company will use this new equity financing to expand its AI cloud business, including Lambda’s popular on-demand and reserved cloud offerings.

Lambda, the Deep Learning Company, today in collaboration with Razer, released the new Lambda Tensorbook, the world's most powerful laptop designed for deep learning, available with Linux and Lambda’s deep learning software. The sleek laptop, coupled with the Lambda GPU Cloud, gives engineers all the software tools and compute performance they need to create, train, and test deep learning models locally.

Lambda, the Deep Learning Company, today in collaboration with Razer, released the new Lambda Tensorbook, the world's most powerful laptop designed for deep learning, available with Linux and Lambda’s deep learning software. The sleek laptop, coupled with the Lambda GPU Cloud, gives engineers all the software tools and compute performance they need to create, train, and test deep learning models locally.

Lambda today announced it has been selected as an NVIDIA Partner Network (NPN) Solutions Integration Partner of the Year for 2021, the second consecutive year that Lambda has been honored with this award.

Lambda, a leading provider of deep learning GPU cloud services and computing hardware, today announced that it has raised $24.5M in financing. Primary investors include 1517, Gradient Ventures, Bloomberg Beta, Razer, and Georges Harik. This financing round consists of a $15M Series A equity round and a $9.5M debt facility provided by Silicon Valley Bank.