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The Business Brief WEDNESDAY, 12 AUGUST 2026
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AI Cloud Provider Lambda Prices Loan for Nvidia-Tied Chip Deal

1 source ·1 article ·2h ago

Lambda Inc., an AI cloud-computing provider backed by Nvidia Corp., wrapped up a $926 million leveraged-loan deal as that market becomes a new front in the borrowing binge to finance the artificial intelligence buildout.

Covered by 1 outlet

Bloomberg 1

All coverage · 1 article

Bloomberg Markets ·2h ago

AI Cloud Provider Lambda Prices Loan for Nvidia-Tied Chip Deal

Lambda Inc., an AI cloud-computing provider backed by Nvidia Corp., wrapped up a $926 million leveraged-loan deal as that market becomes a new front in the borrowing binge to finance the artificial intelligence buildout.