NVIDIA (NVDA.US) Endorses! Cloud service provider Lambda is seeking pre-IPO financing with a valuation possibly exceeding $4 billion USD.
According to the Zhidao Finance App, it was learned from informed sources that Lambda, a cloud computing infrastructure company that has received investments from NVIDIA (NVDA.US), is currently in talks with its investors for a new round of financing. The company's valuation is expected to reach 4 to 5 billion US dollars, paving the way for its upcoming initial public offering (IPO). This California-based company is expected to go public by the end of this year at the earliest, and has already begun preliminary discussions with multiple investment banks regarding the IPO underwriting.
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