Lambda AI Data Center Secures $1.5B, Led by TWG Global

Lambda, an AI data center provider, secured $1.5 billion in a new funding round led by TWG Global, a firm backed by billionaires Thomas Tull and Mark Walter. This investment underscores the growing demand for AI infrastructure, as Lambda also recently signed a multi-billion dollar deal with Microsoft. Nvidia, an investor in Lambda, is also supplying graphics processing units for AI computations. The substantial funding round suggests high expectations for Lambdas future in AI.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.