Cloud provider Lambda is raising up to $4 billion at a $14.5 billion pre-money valuation, marking what could be its last private round before a planned 2027 IPO, according to The Wall Street Journal.

Nvidia-backed cloud-computing company Lambda is raising up to $4 billion in a final round of fundraising before the company’s planned initial public offering, according to people familiar with the ...

To continue reading this content, please enable JavaScript in your browser settings and refresh this page. Preview this article 1 min The Illinois Department of ...

Oklahoma-based Gateway First Bank has agreed to acquire Colonial Savings F.A., expanding its mortgage-focused banking model in Texas. Financial terms were not disclosed. The deal is designed to pair ...

SOMERDALE – Gabe Tirado said Sterling High School's game plan was simple. After the football team's lopsided loss to Gloucester six days earlier, the Silver Knights needed to accomplish one thing: “We ...

To continue reading this content, please enable JavaScript in your browser settings and refresh this page. Preview this article 1 min The clinical-stage company joins ...

MADISON, Ill. – In a cauldron of chaos, with Chase drivers wrecking and brake rotors exploding through the bodies of NASCAR Cup Series cars, Kyle Larson’s 51-race winless streak ended Sunday at World ...

MADISON, Ill. — Joey Logano secured the pole position Saturday for NASCAR’s postseason race at World Wide Technology Raceway, positioning himself for a needed boost in the championship Chase. Logano ...

HARBOR GATEWAY, LOS ANGELES (KABC) -- Dozens of arrests were made and hundreds of citations were issued when the Los Angeles Police Department completed "Operation ...

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Lambda, an AI cloud company that buys computing chips and rents them out to businesses, has raised $1 billion in private, short-dated debt to buy Nvidia’s AI chips that it will lease to Microsoft, ...

Lambda has raised about $1B of private short-dated debt arranged by JPMorgan to buy Nvidia GPUs that Microsoft will lease, according to Bloomberg. The same structure funds Nebius, which borrowed $775M ...