---
title: "Sources: Nvidia-backed neocloud Lambda is in talks to raise up to $3B at a $12B+ valuation; its revenue this year is estimated to reach $1.5B+"
type: signal
url: https://frontiernewswire.com/s/sources-nvidia-backed-neocloud-lambda-is-in-talks-to-raise-up-to-3b-at-872ef9cd
published: 2026-08-25T03:00:27.843Z
byline: "Source: TECHMEME"
---

# Sources: Nvidia-backed neocloud Lambda is in talks to raise up to $3B at a $12B+ valuation; its revenue this year is estimated to reach $1.5B+

Source: TECHMEME · Published 2026-08-25 · Canonical: https://frontiernewswire.com/s/sources-nvidia-backed-neocloud-lambda-is-in-talks-to-raise-up-to-3b-at-872ef9cd

In this story: [Lambda](https://frontiernewswire.com/companies/lambda)

## Sources

- [Read the original at TECHMEME](https://www.bloomberg.com/news/articles/2026-08-24/ai-cloud-provider-lambda-in-talks-for-3-billion-pre-ipo-round)

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