Lambda raising up to $4B at $14.5B pre-money valuation ahead of IPO

AI neocloud Lambda is raising up to $4B led by Blackstone and Coatue at a $14.5B pre-money valuation. The round is the company's final one before its planned IPO.

• Lambda is raising up to $4B in a final round before its IPO
• Blackstone and Coatue are leading the round
• The pre-money valuation is $14.5B