Lambda seeks up to $4 billion in final private round before planned 2027 IPO
Lambda is seeking up to $4 billion at a $14.5 billion valuation before a planned 2027 IPO, testing investor confidence in AI cloud demand and debt.
Neocloud
Latest News and Analysis in Neocloud
Neocloud
Ahead of US IPO, British AI neocloud Nscale secures $3.36B in convertible financing
British neocloud Nscale has secured $3.36 billion in pre-IPO convertible notes from Third Point, Nvidia and others to build AI data centers.
Together AI Raises $800M, Valuation Leaps to $8.3B in Neocloud Funding Round
AI neocloud provider Together AI closed an $800M funding round, more than doubling its valuation from $3.3B to $8.3B as demand for open-source model hosting surges.
AI Chipmaker Groq Confirms $650M Raise After Nvidia's $20B Not-Acqui-Hire Deal
Groq confirms a $650 million funding round and begins re-staffing following Nvidia's $20 billion not-acqui-hire deal, leaning into its neocloud business.
Ads