Nvidia-Backed Lambda Inks $1 Billion Private Debt for Chip Deal
August 28, 2026 at 4:37 PM UTCLambda Inc., an AI cloud-computing provider backed by Nvidia Corp., has raised about $1 billion of private short-dated debt for computing chips tied to its collaboration with Microsoft Corp.JPMorgan Chase & Co. arranged the transaction, and the debt was marketed to private placement investors, according to people with knowledge of the matter, who asked not to be identified because they aren’t authorized to speak publicly....
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