Lambda is borrowing $917m to buy chips from the company that invests in it
Lambda is selling a $917 million leveraged loan to finance a chip purchase, Bloomberg reported on Monday. Jeannine Amodeo, Paula Seligson and Gowri Gurumurthy broke the story. The money pays for GPUs and other infrastructure as part of a contract with Nvidia, according to a person with knowledge of the matter. Morgan Stanley leads the […]<br /> This story continues at The Next Web [...]
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Lambda is raising up to $3bn before an IPO, months after borrowing $917m for chips
Lambda is in talks to raise up to $3bn in pre-IPO financing at a valuation of $12bn or more, according to Bloomberg, as the Nvidia-backed cloud provider prepares for a listing expected next year. The [...]
Lambda wins a cloud deal with Hudson River Trading to supply access to NVIDIA chips
The IPO-bound GPU-cloud start-up adds one of the largest US quantitative trading firms to a customer list that already includes Microsoft and NVIDIA itself. Lambda has signed a cloud-infrastructure de [...]
The best Cyber Monday gaming deals for 2025: Save on the Nintendo Switch 2, PS5 consoles, Xbox controllers, tons of games and more
Cyber Monday has long been a good time to restock on video games and gaming gear on the cheap, and this year is no exception. If you’ve been looking to grab a PlayStation 5, pad out your Nintendo Sw [...]
How to buy the Switch 2: Nintendo's restock updates at Walmart, Best Buy, Target and others
Update (7/24/25): Only a couple of days after the new Switch 2 Pokémon Legends: Z-A bundle was announced, you can now pre-order it at various retailers or pick up an existing Switch 2 bundle that [...]
The best Cyber Monday gaming deals that are still available: Save on the Nintendo Switch 2, PS5 consoles, Xbox controllers, tons of games and more
Cyber Monday is officially done, but many of its best gaming deals are still available. If you’ve been looking to add more games to your backlog, grab a new console or pick up some accessories for y [...]
The best Black Friday gaming deals for 2025: Save on PS5 consoles, Nintendo Switch games, handhelds and more
Black Friday sales are starting again, and per usual, they’re a good opportunity to grab some new gaming gear at a discount. To help you sort through the noise, we’ve rounded up the best Black Fri [...]
The best Cyber Monday gaming deals for 2025: Save on PS5 consoles, Nintendo Switch 2 accessories, Xbox controllers, tons of games and more
If you’ve been looking to add more games to your backlog, grab a new console or pick up some accessories for your gaming PC, this year’s Cyber Monday sales remain a good opportunity to do so. To h [...]