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About Lambda

AI Unicorn
About Lambda
About Lambda
Lambda is the #1 GPU Cloud for ML/AI teams training, fine-tuning and inferencing AI models, where engineers can easily, securely and affordably build, test and deploy AI products at scale. Lambda’s product portfolio includes on-prem GPU systems, hosted GPUs across public & private clouds and managed inference services – servicing government, researchers, startups and Enterprises world-wide.
Why It's a Rocketship
Why It's a Rocketship
Lambda is building the dedicated AI hyperscaler, delivering GPU infrastructure across every compute modality from laptops to cloud clusters. In a market defined by scarcity of compute and hyperscaler lock-in, Lambda has positioned itself as the infrastructure provider of choice for AI developers, research institutions, and enterprises. The company operates more than 25,000 GPUs on its cloud platform, giving customers faster access to Nvidia’s latest architectures than AWS, Azure, or GCP can provide, and has built a vertically integrated stack from hardware through Lambda Stack software that removes friction for model training, fine-tuning, and inference. As reasoning models drive exponential demand for inference-time compute, Lambda’s ability to reliably deliver high-performance GPUs at scale and cost advantage makes it a critical enabler of the open-source and enterprise AI ecosystem.
The business performance reflects that positioning. Lambda generated $400 million of revenue in 2024 with positive operating cash flow. It serves more than 5,000 customers across manufacturing, finance, aerospace, and government, with pre-orders already secured for its forthcoming H200 capacity. The company recently raised $480 million in Series D funding at a $2.5 billion valuation, backed by Nvidia, ARK, In-Q-Tel, B Capital, and other top-tier investors. Founded by Stephen and Michael Balaban, Lambda has grown from profitable GPU server sales into a full-stack AI infrastructure platform with global scale and deep credibility among AI researchers and engineers. With Jevons’ paradox ensuring that lower compute costs will only drive higher consumption, Lambda’s role as the independent AI hyperscaler will only strengthen. In a world where every company becomes an AI company, Lambda is positioned to be the backbone provider of compute, enabling the next wave of frontier models and enterprise deployments.
Written as of August 2025
Company Details
Company Details
Founded2012
HeadquartersSan Jose, CA
Team Size201 - 500 employees
IndustryInfrastructure
Total Funding$872M
Latest Valuation$2.5B
Latest RoundSeries D
Websitelambda.ai
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