product · May 21, 2026
Lambda Closes $1 Billion Senior Secured Credit Facility
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Lambda announced the closing of a $1 billion syndicated senior secured credit facility on May 7, 2026. The upsized financing builds on Lambda's existing $275 million credit facility established in August 2025. The multi-tranche facility supports continued expansion of Lambda's AI factory footprint for gigawatt-scale AI infrastructure demand. Lambda operates gigawatt-scale AI factories with a track record of technical leadership. J.P. Morgan arranged the facility with participation from Citi and MUFG.
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