Lambda Raises $480M to Expand AI Cloud Platform

Lambda has raised $480M in funding to expand its AI cloud platform, which will enable faster and easier model training and deployment for developers. The company aims to build more software tools and deploy more GPUs to meet growing customer demand. With this investment, Lambda is well-positioned to power the impact of AI across various industries and sectors, with a focus on democratizing access to high-quality models through open-source reasoning.