AI cloud Lambda raises $480m, including from Nvidia, In-Q-Tel, and Andrej Karpathy

AI cloud Lambda raises 0m, including from Nvidia, In-Q-Tel, and Andrej Karpathy

AI cloud company Lambda has raised $480 million in a Series D round.

Andra Capital and SGW led the investment, alongside new investors Andrej Karpathy (of OpenAI and Tesla fame), ARK Invest, Fincadia Advisors, G Squared, In-Q-Tel (the CIA’s investment arm), KHK & Partners, Nvidia, and others.

Server makers Pegatron, Supermicro, Wistron and Wiwynn also made a ‘strategic investment,’ while additional participation came from existing investors including 1517, Crescent Cove, and USIT.

“This round…

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