Lambda, which rents access to AI chips, raised a $1.5B Series E led by TWG Global, after raising $500M in April 2024, taking its total funding to $2.3B (Belle Lin/Wall Street Journal)

Belle Lin / Wall Street Journal:
Lambda, which rents access to AI chips, raised a $1.5B Series E led by TWG Global, after raising $500M in April 2024, taking its total funding to $2.3B  —  The fundraise will help the startup build its own data centers as the AI infrastructure boom shows no signs of letting up

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