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6 October 2026

Sources: AI neocloud Lambda is raising up to $4B led by Blackstone and Coatue at a pre-money valuation of $14.5B in a final round before its planned IPO (Robbie Whelan/Wall Street Journal)

Robbie Whelan / Wall Street Journal:
Sources: AI neocloud Lambda is raising up to $4B led by Blackstone and Coatue at a pre-money valuation of $14.5B in a final round before its planned IPO  —  Blackstone and Coatue are leading the round, which values the cloud-computing startup at $14.5 billion pre-money

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