Company

Lambda Labs

GPU cloud infrastructure company providing on-demand and reserved compute for AI developers and researchers, with investments in owned data centers.

Telecom

People

Stephen Balabanco-founder, ceo, founderMichel Combesceo

Funding History

Nov 18, 2025

Lambda Labs raised a $1.5 billion equity funding round, maintaining a conservative capital structure focused on building long-term GPU infrastructure and vertically integrated data center operations.

1.5B

News

Interviews (4)

Lambda's Stephen Balaban on data center misinformation, US energy sovereignty, and why offshoring compute would be a national tragedy
31 Aug 2026
Lambda Labs names Michel Combes as CEO as co-founder Stephen Balaban transitions to CTO
5 May 2026
Lambda Labs CEO Stephen Balaban on raising $1.5B equity round and building long-term GPU infrastructure
18 Nov 2025
Lambda CEO Stephen Balaban: $500M revenue, NVIDIA still unchallenged, and the coming age of neural software
23 May 2025