Investment will accelerate Lambda's push to deploy gigawatt-scale AI factories and supercomputers to meet demand from hyperscalers, enterprises, and frontier labs building superintelligence
Lambda, the Superintelligence Cloud, today announced it has raised over $1.5B in Series E funding, led by TWG Global, a holding company led by Thomas Tull and Mark Walter. Also participating in the round are Thomas Tull’s US Innovative Technology Fund (USIT) and several existing investors.
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Series E funding, led by TWG Global with participation from US Innovative Technology Fund (USIT) and several existing investors.
“This round of funding helps enable Lambda to develop gigawatt-scale AI factories that power services used by hundreds of millions of people every day,” said Stephen Balaban, co-founder and CEO of Lambda. “Our mission is to make compute as ubiquitous as electricity and bring the power of AI to every person in America. One person, one GPU. It’s a privilege to work with Thomas, USIT, and TWG Global to realize this vision.”
Lambda delivers large-scale AI factories that power mission-critical training and inference, just as demand for compute is rising and data center space is scarce.
“Since meeting Stephen and the Lambda team several years ago, we have been consistently impressed by their visionary focus and ability to deliver infrastructure at unprecedented scale,” said Thomas Tull, Co-Chairman of TWG Global and Chairman of USIT. “Generating enough compute power for AI is a defining infrastructure challenge of our time. We believe that Lambda is well-positioned to solve this challenge and continue to deliver in the decades ahead.”
The company’s AI specialization stems from its published machine learning founders, as well as its pioneering work in cloud supercomputers.
“As we move into a new phase of AI scale, the most valuable infrastructure will be that which converts kilowatts into tokens with minimal friction,” said Gaetano Crupi, Managing Director at USIT. “We are excited to continue supporting Lambda as it becomes a key player in the industrialization of inference and helps the U.S. master the energy-to-cognition pipeline.”
About Lambda
Lambda, The Superintelligence Cloud, is a leader in AI cloud infrastructure serving tens of thousands of customers.
Founded in 2012 by machine learning engineers published at NeurIPS and ICCV, Lambda builds supercomputers for AI training and inference.
Our customers range from AI researchers to enterprises and hyperscalers.
Lambda's mission is to make compute as ubiquitous as electricity and give everyone the power of superintelligence. One person, one GPU.
About TWG Global
TWG Global operates and invests in businesses with untapped potential and guides them to new levels of growth. For additional information, visit: twgglobal.com.
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Contacts
Lambda Media Contact
pr@lambdal.com
TWG Media Contact
twg@prosek.com