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Summary: AI data center provider Lambda raises whopping $1.5B after multibillion-dollar Microsoft deal Crunch

1. AI data center provider Lambda raised $1.5 billion in a funding round led by TWG Global, a new investment firm co-founded by Thomas Tull and Mark Walter.
2. Lambda has signed a multibillion-dollar deal with Microsoft to supply AI infrastructure using tens of thousands of Nvidia GPUs, following similar deals with CoreWeave.
3. This latest funding round for Lambda exceeds earlier expectations, although the exact valuation remains undisclosed.
Summary
AI data center provider Lambda raised $1.5 billion in a funding round led by TWG Global, co-founded by Thomas Tull and Mark Walter. The funds will be used to supply AI infrastructure, including tens of thousands of Nvidia GPUs, as part of a multibillion-dollar deal with Microsoft, following
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ID: 21914adc-972e-4da0-8cc5-1ffcca430270

Category ID: listed_summary

URL: https://techcrunch.com/2025/11/18/ai-data-center-provider-lambda-raises-whopping-1-5b-after-multibillion-dollar-microsoft-deal/#summary

Date: Nov. 19, 2025

Notes: 2025-11-19

Created: 2025/11/19 06:42

Updated: 2025/12/07 21:54

Last Read: 2025/11/19 07:56