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Lambda secures $500 million loan with Nvidia chips as collateral

(Reuters) - Lambda has secured a $500 million loan from lenders including Macquarie Group with Nvidia's much-coveted chips as collateral, the specialty artificial intelligence cloud provider said on Thursday.

Bengaluru
Karnataka
India
Arsheeya-bajwa
Maju-samuel
Jensen-huang
Industrial-development-funding
Reuters
Nvidia
Lazard
Macquarie-group
Thomas-tull

Lambda borrows half a billion dollars to grow its GPU cloud

Lambda Labs, operator of a GPU-infused cloud, on Thursday revealed it has secured a $500 million loan to fund the expansion of its accelerators-as-a-serviceā€¦

Industrial-development-funding
Macquarie-group
Nvidia
Lambda-labs
News
Ggregator
Reaking-news
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Media

Using NVIDIA Chips As Collateral, Lambda Secures A $500 Million Loan

(CTN News) - Nvidia chips were used as collateral for Lambda to obtain a $500 million loan from lenders such as Macquarie Group.......

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Industrial-development-funding
Thomas-tull-us-innovative-technology
Nvidia
Lazard
Macquarie-group
Thomas-tull

Lambda puts its GPUs on the line to get more GPUs

The cloud specialist is using its collection of GPUs as collateral for $500 million in fresh funding.

Mitesh-agrawal
Nvidia
Industrial-development-funding
Blackwell
Macquarie-group

Lambda Announces $500M GPU-Backed Facility to Expand Cloud for AI

Lambda Announces $500M GPU-Backed Facility to Expand Cloud for AI
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Don-trent
Lazard
Macquarie-group
Industrial-development-funding
Macquarie-group-limited
Macquarie-group-commodities
Industrial-development
Lambda-cloud
Senior-managing-director
Global-markets
Group-limited
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