lambdalabs

Lambda Labs has recently raised $480 million in a Series D funding round to enhance its AI cloud platform, aimed at supporting AI developers and end-users. This funding, co-led by Andra Capital and SGW, includes participation from notable investors such as NVIDIA and Andrej Karpathy. The investment will facilitate the scaling of both infrastructure and software, allowing developers to train, fine-tune, and deploy AI models more efficiently. Lambda is committed to expanding its offerings, including the development of Lambda Chat, which features DeepSeek-R1 and various open-source models. The company emphasizes the importance of open-source AI and reasoning, enabling broader access to high-quality AI tools and models. Lambda envisions a future where AI is integrated into daily life, providing powerful computing resources to individuals and organizations alike.