Nvidia-backed AI cloud upstart Lambda races toward IPO: seeking up to $4 billion in final pre-IPO round at a $14.5 billion valuation.

Zhito Finance APP has learned that Lambda, a cloud computing company backed by Nvidia (NVDA.US), is launching its final funding round before an IPO, planning to raise up to $4 billion. According to foreign media on Tuesday, citing people familiar with the matter, this funding round values Lambda at $14.5 billion (excluding the funds raised in this round). The Pre-IPO round is led by Blackstone (BX.US) and Coatue Management.