# Lambda to raise $4B ahead of planned IPO

On 2026/10/6, TechCrunch reported that Lambda, a US AI computing cloud provider, planned to raise USD 4 billion ahead of its IPO, led by Coatue Management at a pre-money valuation of USD 1.45 billion. The company provides GPU cloud services for AI training and inference, with the round paving the way for its listing.



Canonical: https://uniquebase.ai/news/f5416cc0-dd52-4413-8869-87cc5da0f908
Stable identifier: f5416cc0-dd52-4413-8869-87cc5da0f908
Snapshot captured: 2026-10-20T18:19:32.670Z
English updated: 2026-10-20T18:23:00.938Z

## Connected profiles

- [Coatue](/institutions/coatue)
- [Lambda](/companies/lambda-labs)

## Sources

- https://techcrunch.com/2026/10/06/ai-computing-startup-lambda-to-raise-4b-ahead-of-planned-ipo/