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WHTop → 📋 News → Lambda Secures $480M to Expand AI Cloud and Developer Platform
Lambda Secures $480M to Expand AI Cloud and Developer Platform
📅 - AI infrastructure provider Lambda has secured a substantial $480 million in Series D funding, bringing its total equity capital raised to $863 million. The investment would help speed up the development of the Lambda Cloud platform, the Lambda Model Inference API, and the Lambda Chat AI assistant.
Lambda is spending billions of dollars to create the software platform and infrastructure that will fuel AI, said Lamda CEO and co-founder Stephen Balaban.The funding round was co-led by Andra Capital and SGW, with participation from notable new investors such as former OpenAI researcher Andrej Karpathy, ARK Invest, Fincadia Advisors, G Squared, In-Q-Tel (IQT), and KHK & Partners. Industry giant [...][... Check source for end of article ...]
📅 - Aligned Expands with New High Density Data Center in Mansfield, TX - Aligned Data Centers is expanding into the Dallas-Fort Worth metro area with a new data center campus in Mansfield, Texas. The facility, known as DFW-03, will be developed on a 27-acre site with an on-site substation, strategically positioned to meet the increasing demand for AI, cloud, and enterprise applications.
Initial capacity is expected to be available by Q4 2025, providing businesses with rapid access to critical digital infrastructure.
The expansion would align with the companys broader strategy to scale operations in key markets, offering high-performance infrastructure tailored for AI and cloud workloads. With a decade of innovation in cooling technologies and a projected [...]
📅 - Lumotive Secures $45M to Scale Programmable Optical Semiconductors - Lumotive, a developer of programmable optical semiconductor solutions, has secured $45 million in Series B funding to accelerate the commercialization of its Light Control Meta surface (LCM) technology. The investment would help drive advancements in optical semiconductor technology, positioning Lumotive to expand its footprint in several high-growth industries.
LCM technology, which enables precise light control at the chip level, has already demonstrated success in automotive and industrial applications. With this latest funding, the company is set to scale its technology for broader use cases, particularly in AI-driven data centers, aerospace, and defense sectors.
The oversubscribed [...]
📅 - Alibaba Cloud Launches in Mexico, Driving Latin America's Digital Growth - Alibaba Cloud has expanded its global infrastructure footprint with the launch of its first cloud region in Mexico, a move aimed at accelerating digital transformation and fostering innovation across Latin America. The newly established cloud region is designed to provide secured, high-performance, and scalable cloud services to enterprises, startups, developers, and organizations throughout the region.
By establishing this cloud region in Mexico, Alibaba Cloud would help drive economic growth and support local businesses while enhancing the countrys role as a key technology hub in Latin America.
With this expansion, Alibaba Cloud strengthens its global presence, now operating 87 [...]
📅 - Hyperlume Raises $12.5M to Advance AI Data Center Interconnects - We continue to push the boundaries of optical communication and deliver transformative solutions for the AI and semiconductor industries," said Mohsen Asad, the co-founder and CEO of Hyperlume.Hyperlume, a Canadian firm, has raised a US $12,500,000 seed round to market its high bandwidth, low latency, and low power interconnects forAI data centersand high-performance computing systems. Hyperlume's innovative technology for AI data centers employs specialized, ultra-fast microLEDs and ultra-low power circuitry to provide considerable performance, cost, and energy-efficiency benefits over typical copper interconnects.
The oversubscribed round was headed by BDC's Deep Tech Venture Fund and [...]
📅 - EY, Zscaler Join Forces to Secure Digital Transformation - Through the Alliance, EY US employs Zscaler's services to assist institutions improve their security posture and construct a more robust infrastructure against cyberattacks. With more enterprises deciding to become mobile and digital, this strategic alliance is intended to assist customers in expanding their network and security capabilities, resulting in fast and secure connections between users and applications regardless of device, location, or network.
The Alliance aims to support the development of a modern workplace by combining EY's consulting experience with Zscaler's flagship cloud security solution, the Zscaler Zero Trust Exchange platform. This includes safely and securely [...]
📅 - QuadReal and T5 Capital Expand Data Center Platform to $8B - QuadReal Property Group and T5 Data Centers have expanded their data center investment platform, positioning it for significant growth toward an $8 billion valuation. The partnership, initially formed in 2019, has enabled the development of advanced facilities catering to AI, hyperscale, and enterprise customers across key U.S. markets, including Silicon Valley, Hillsboro, Chicago, Atlanta, and Charlotte.
With increasing demand for cloud and AI-driven infrastructure, the expanded funding will support the creation of a new Scaled Campus initiative, capable of delivering up to 5 gigawatts (GW) of power. QuadReal, a global real estate investment, operating, and development firm, views [...]
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