thenextweb
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 raise follows a very different kind of financing earlier in its run, when Lambda borrowed $917mn against its GPUs to buy more […]<br /> This story continues at The Next Web [...]

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venturebeat
Cerebras stock nearly doubles on day one as AI chipmaker hits $100 billion — what it means for AI infrastructure

Cerebras Systems, the Silicon Valley chipmaker that built the world's largest commercial AI processor, erupted onto the Nasdaq on Wednesday, opening at $350 per share — nearly double its $185 I [...]

Match Score: 92.40

thenextweb
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 [...]

Match Score: 76.24

thenextweb
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 [...]

Match Score: 60.53

Destination
OpenAI's recent chip deals heap more pressure on TSMC

In recent weeks, OpenAI has signed blockbuster deals with AMD and Broadcom to build vast numbers of AI chips. Much of the focus has been on the financial implications, since OpenAI will need hundreds [...]

Match Score: 52.28

venturebeat
Anthropic launches Claude Sonnet 5 at a steep discount to its top model as the company races toward a blockbuster IPO

Anthropic today released Claude Sonnet 5, a new AI model that the company says delivers near-flagship performance at mid-tier prices — a move designed to give cost-conscious enterprise developers ac [...]

Match Score: 51.69

venturebeat
The AI compute gap: Enterprises are buying infrastructure faster than they can measure what it costs

Across 107 enterprises, AI infrastructure spending is accelerating well ahead of the ability to see or steer its economics. Most organizations run their AI on a familiar base of hyperscalers and model [...]

Match Score: 48.15

thenextweb
Oura is seeking up to $3bn in an IPO that would value it above $16bn

Oura is targeting a September listing that would raise up to $3bn and value the smart ring maker at more than $16bn, according to Bloomberg, several months after the Finnish company filed confidential [...]

Match Score: 47.40

Destination
The best laptop you can buy in 2025

Laptops are evolving fast, with some new models harnessing AI-powered features that adapt to your usage and improve performance in real time. These AI PCs can optimize battery life, manage power acros [...]

Match Score: 42.87

thenextweb
‘It’s still day zero’: Lovable is worth $13.3bn, and the EU just became a shareholder

Lovable is worth $13.3bn and its revenue is tripling. The interesting name on the cheque is the European Union. Lovable has raised $400m at a $13.3bn valuation. The Stockholm company lets people build [...]

Match Score: 41.80