Lambda Labs

Lambda Closes $1 Billion Senior Secured Credit Facility for Gigawatt-Scale Expansion

Lambda closed a $1 billion senior secured credit facility in early May 2026 to fund gigawatt-scale AI infrastructure demand. The upsized financing builds directly on an August 2025 credit facility and supports continued expansion of Lambda's AI factory footprint across data centers. The move follows Lambda's $1.5 billion-plus Series E raise in November 2025 and six NVIDIA awards. Lambda serves tens of thousands of customers from researchers to hyperscalers with supercomputers for AI training and inference. The facility positions the company to meet surging enterprise and frontier lab compute needs.

Lambda Assembles Leadership Team with Michel Combes as CEO and Stephen Balaban as CTO

Lambda announced leadership changes effective May 2026, naming global infrastructure operator Michel Combes as CEO and shifting co-founder Stephen Balaban to full-time CTO role focused on technology strategy and product vision. Twin brother Michael Balaban moves to Chief Product Officer, while former AT&T CEO John Donovan joins as Chairman of the Board. The overhaul supports Lambda's expansion toward gigawatt-scale AI infrastructure and superintelligence-era operations. Stephen Balaban has trained neural networks since 2012 and published research in NeurIPS and SPIE. Michel Combes brings experience scaling large infrastructure operations from prior roles at Sprint and other global telecoms.

Lambda Launches Bare Metal Instances on NVIDIA GB300 NVL72 Superclusters

Lambda Partners with Hudson River Trading for NVIDIA HGX B200 Access

Lambda at NVIDIA GTC 2026 Expands Collaboration with New AI Infrastructure Offerings

Lambda Closes $1 Billion Senior Secured Credit Facility

Lambda Labs vs RunPod GPU Cloud Pricing Comparison 2026

Lambda Labs Hiring for Data Center Site Selection and Real Estate Teams

Lambda Partners with Prime Data Centers for GPU Cluster at LAX01 in Vernon CA

Lambda Expands Hiring for Data Center Operations Across Multiple Sites

Lambda Closes $1 Billion Credit Facility To Expand Gigawatt-Scale AI Infrastructure

Lambda Closes $1 Billion Senior Secured Credit Facility to Expand AI Infrastructure

Partnerships Intern Role Involves Outreach to Lambda Labs

Senior Director Business Development Role Targets Lambda Labs Competitors

Amazon Web Services vs Lambda Labs Feature Comparison

CoreWeave vs Lambda Labs Comparison Updated

Lambda Labs GPU Cloud Pricing Comparison Shows $1.99 per Hour for 8x GPU Configuration

Lambda's $1.5B Raise and the Rise of the Superintelligence Cloud

Lambda completed a $1.5B raise. Lambda was founded in 2012 by brothers Stephen and Michael Balaban originally as a facial-recognition startup. Lambda builds GPU supercomputers and AI factories for training and inference with headquarters in the San Jose / Bay Area. Lambda serves customers including Intel, Microsoft, Google, Amazon Research, Tencent, Kaiser Permanente, MIT, Stanford, Harvard, Caltech, Los Alamos National Lab, Disney, and the Department of Defense.

Lambda Secures $1bn Credit Facility

CoreWeave vs Lambda Labs GPU Cloud Pricing 2026

Lambda Labs H100 Price: $2.99/hr (Apr 2026)

Lambda secures $1bn credit facility

Lambda Closes $1 Billion Senior Secured Credit Facility