Cloud Provider Lambda IPO: Potential Public Offering

Lambda Considering IPO Following CoreWeave's Lead

Lambda, a cloud provider specializing in AI infrastructure, is reportedly preparing for a public offering.

This move comes after competitor CoreWeave successfully launched its IPO earlier in 2024.

According to reports from The Information, Lambda has engaged the services of several major banks to facilitate an initial public offering.

Morgan Stanley, J.P. Morgan, and Citi have been appointed to manage the listing process.

A public debut could potentially occur during the first six months of 2026.

Lambda has secured over $1.7 billion in funding to date, as tracked by Crunchbase.

Notable investors include Nvidia, Alumni Ventures, and Andra Capital.

The company’s most recent funding round, a Series D, raised $480 million in February.

The AI infrastructure market is becoming increasingly competitive.

CoreWeave’s recent IPO signals growing investor interest in this sector.

Lambda’s potential IPO would further solidify the market’s public presence.

Lambda has not yet issued a statement in response to inquiries regarding these plans.