Lambda raised a Series E of more than $1.5bn in November 2025 and a $1bn credit facility in May 2026, and has yet to win a flagship contract as large as CoreWeave's.
Dominance66draft
Second-string GPU cloud with a long record serving researchers and no stated share.
From the Atlas key figure: Series E of more than $1.5bn in November 2025 and a $1bn credit facility in May 2026. TechCrunch reports it plans to raise up to $4bn before a 2027 IPO. Source: marktechpost.com.
Profile
GPU cloud preparing for a 2027 listing.
Cloud and compute · GPU clouds and inference platforms · Second string
Key figure Series E of more than $1.5bn in November 2025 and a $1bn credit facility in May 2026. TechCrunch reports it plans to raise up to $4bn before a 2027 IPO.
Why it may rise A GPU cloud with a long record serving researchers.
What could change it Winning a flagship contract as large as CoreWeave's.