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AI Cloud Provider Lambda Taps Loans for Nvidia-Tied Chip Deal

2 sources ·2 articles ·2h ago

2 outlets - including Financialpost and Bloomberg - are covering this story. Lambda Inc., an AI cloud-computing provider backed by Nvidia Corp., is selling a leveraged loan to finance a chip deal as the risky debt market becomes a new front in the borrowing binge to finance the artificial intelligence buildout.

Covered by 2 outlets

All coverage · 2 articles