Fundz

Lambda secures $1 billion in senior secured fixed rate financing to support GPU infrastructure development for AI applications.

PRIVATEOct 05, 2026

Amount Raised

$1 Billion

Round Type

Venture

San FranciscoArtificial IntelligenceMachine LearningCloud Infrastructure

Description

Lambda, based in San Francisco, CA, received a $1 billion investment-grade delayed draw term loan. The funds will be used for purchasing and developing GPU infrastructure in support of committed customer deployments with two investment-grade offtakers. Led by CEO Michel Combes, Lambda specializes in AI cloud infrastructure and supercomputer technology.

Company Information

Company

Lambda

Location

San Francisco, California, United States

About

Lambda is a San Francisco-based provider of an AI cloud infrastructure platform. The company builds supercomputers for AI training and inference, catering to AI researchers, enterprises, and hyperscalers. Their platform offers dedicated compute services and GPU asset-backed financing structures. Lambda's mission is to make compute as ubiquitous as electricity.

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Lambda raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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