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Lambda Closes $1 Billion Senior Secured Fixed Rate Financing

Summary by Business Wire
SAN FRANCISCO--(BUSINESS WIRE)--Lambda, Inc. (“Lambda”), the Superintelligence Cloud, today announced the closing of a $1 billion investment-grade, delayed draw term loan (the “Facility”) marketed to insurance companies and fixed income investors to fund the purchase and development of GPU infrastructure supporting three committed customer deployments with two investment-grade offtakers across multiple data centers. The Facility is Lambda’s firs…
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Business Wire broke the news in Crystal River, United States on Thursday, October 1, 2026.
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