Lambda borrows half a billion bucks to grow its GPU cloud

The Register
Apr 4, 2024, 8:17 pm204 pts
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.…

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