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 →