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Lambda borrows half a billion bucks to grow its GPU cloud

Friday April 5, 2024. 02:17 AM , from TheRegister
Will buy tens of thousands of Nvidia's prized accelerators, which will be collateral for the loan
Lambda Labs, operator of a GPU-infused cloud, on Thursday revealed it has secured a $500 million loan to fund the expansion of its accelerators-as-a-service offering.…
Read more at TheRegister
https://go.theregister.com/feed/www.theregister.com/2024/04/05/lambda_500m_loan/

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