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Lambda Appoints Michel Combes as Chief Executive Officer and Transitions Stephen Balaban to Chief Technology Officer
PRIVATEOct 06, 2026
New to company · from SoftBank International“Michel Combes, a former chief executive at SoftBank International, Sprint, and Alcatel-Lucent, was appointed CEO”
Position
Chief Technology Officer
Company
Lambda
Stephen Balaban
Artificial Intelligence
Description
Lambda reshapes its executive team in preparation for public markets. Co-founder Stephen Balaban has moved to the role of chief technology officer, while Michel Combes has been appointed chief executive officer.
Company Information
Company
Lambda
About
Lambda is an artificial intelligence cloud infrastructure provider that specializes in providing high-performance computing resources for developers and businesses. The company is focused on the rapidly growing 'neocloud' sector, which involves leasing technology to enterprises for building language models. Lambda has secured significant contracts and continues to expand its market presence.
Fundz sees it the moment Lambda changes its leadership, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
