Lambda Expands Its Role in the Race for AI Computing Power

Lambda has secured fresh capital on a scale that stands out even in the current AI boom. The company raised approximately $1.5 billion in a Series E round and intends to use the funds to massively expand its infrastructure. Central to this are data centers that aim to achieve gigawatt-level performance, offering much more than traditional cloud capacities. The firm positions itself as a provider that creates the technical foundations to ensure that AI services run smoothly for broad user groups. Goal: Computing power as commonplace as electricity...