Cloud Computing2 articles

Cloud Computing

Articles

Nvidia Pauses Selected Revenue-Sharing Deals with AI Cloud Providers
Nvidia has paused select partnership deals under its newly introduced AI cloud financing initiative, according to reporting by The Wall Street Journal. The program, unveiled in July 2026, was designed to provide credit support and hardware access to emerging cloud computing providers in exchange for a percentage of future recurring revenues. While Nvidia stated that the broader program remains operational, several individual agreements have been put on hold as the company reassesses customer te
August 27, 20261 min
AI Cloud Provider Lambda in Talks to Raise B at 2B Valuation Ahead of IPO
AI cloud infrastructure provider Lambda Inc. is in negotiations to raise up to $3 billion in a pre-IPO funding round that could value the company at $12 billion or higher, according to people familiar with the discussions reported by Bloomberg. The round represents an eightfold valuation step-up from February 2024, when Lambda secured $320 million in Series C funding at a $1.5 billion valuation. The company's annualized revenue is projected to exceed $1.5 billion in 2026, driven by continuous e
August 25, 20261 min