Lambda raised ~$1B in private debt via JPMorgan to buy Nvidia GPUs for its Microsoft collaboration, following a $926M term loan closed days

Lambda raised about $1B of private debt for Nvidia chips Microsoft will lease, Bloomberg reports. Europe's largest neocloud is financed the same way.

Lambda raised ~$1B in private debt via JPMorgan to buy Nvidia GPUs for its Microsoft collaboration, following a $926M term loan closed days