Lambda, a U.S. AI data‑center operator, announced a $1.5 billion financing round headed by TWG Global. The firm, founded by billionaire investors Thomas Tull and Mark Walter, brings a $40 billion portfolio that includes stakes in the Los Angeles Lakers and a Cadillac F1 racing team, as well as a $15 billion AI‑focused fund anchored by Mubadala Capital. Lambda, a competitor to CoreWeave, recently struck a multibillion‑dollar AI‑infrastructure deal with Microsoft that will deploy tens of thousands of Nvidia GPUs. The new capital dwarfs Lambda’s prior $480 million Series D raise and positions it for further growth, though valuation details remain undisclosed. Read more →

AI data‑center provider Lambda announced a $1.5 billion financing round led by TWG Global, the investment firm founded by Thomas Tull and Mark Walter. The capital boost follows Lambda’s recent multibillion‑dollar agreement to supply Microsoft with AI infrastructure built on tens of thousands of Nvidia GPUs. The company, which operates a network of U.S. AI data centers and competes with CoreWeave, also offers “AI factories” to hyperscaler clouds. Lambda declined to comment on its current valuation, but the raise far exceeds its prior $480 million Series D round. Read more →