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Founded Year

2012

Stage

Line of Credit | Alive

Total Raised

$393.15M

Valuation

$0000 

Revenue

$0000 

Mosaic Score
The Mosaic Score is an algorithm that measures the overall financial health and market potential of private companies.

+94 points in the past 30 days

About Lambda

Lambda focuses on providing computation solutions in the technology sector. The company offers a range of products, including GPU clouds, clusters, servers, and workstations designed to accelerate deep learning and AI processes. Lambda primarily serves sectors such as research, defense, and entertainment. It was founded in 2012 and is based in San Jose, California.

Headquarters Location

2510 Zanker Road

San Jose, California, 95131,

United States

866-711-2025

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Lambda's Product Videos

ESPs containing Lambda

The ESP matrix leverages data and analyst insight to identify and rank leading companies in a given technology landscape.

EXECUTION STRENGTH ➡MARKET STRENGTH ➡LEADERHIGHFLIEROUTPERFORMERCHALLENGER
Enterprise Tech / Cloud Computing

The cloud graphics processing unit (GPU) market offers compelling reasons for customer interest by providing powerful computational resources for graphics-intensive and parallel processing workloads. This market focuses on delivering GPU capabilities through cloud-based platforms, enabling users to leverage high-performance computing without the need for on-premises infrastructure. By investing in…

Lambda named as Challenger among 15 other companies, including Advanced Micro Devices, NVIDIA, and IBM.

Lambda's Products & Differentiators

    GPU Cloud

    Dedicated GPU instances combined with a full suite of ML softwares and tooling that 'just work'.

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Research containing Lambda

Get data-driven expert analysis from the CB Insights Intelligence Unit.

CB Insights Intelligence Analysts have mentioned Lambda in 1 CB Insights research brief, most recently on Sep 13, 2024.

Expert Collections containing Lambda

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Lambda is included in 3 Expert Collections, including Unicorns- Billion Dollar Startups.

U

Unicorns- Billion Dollar Startups

1,249 items

S

Semiconductors, Chips, and Advanced Electronics

7,204 items

Companies in the semiconductors & HPC space, including integrated device manufacturers (IDMs), fabless firms, semiconductor production equipment manufacturers, electronic design automation (EDA), advanced semiconductor material companies, and more

A

Artificial Intelligence

6,888 items

Lambda Patents

Lambda has filed 5 patents.

The 3 most popular patent topics include:

  • communication circuits
  • radio electronics
  • analog circuits
patents chart

Application Date

Grant Date

Title

Related Topics

Status

5/7/2024

9/10/2024

Oscillators, Laser science, Spectroscopy, Communication circuits, Telecommunication theory

Grant

Application Date

5/7/2024

Grant Date

9/10/2024

Title

Related Topics

Oscillators, Laser science, Spectroscopy, Communication circuits, Telecommunication theory

Status

Grant

Latest Lambda News

Lambda CEO upbeat on AI partnership with SK Telecom

Oct 29, 2024

Start your day with a roundup of key stories from The Korea Herald with news and comment on all that’s happening in Korea. Lambda CEO upbeat on AI partnership with SK Telecom Link copied Lambda CEO Stephen Balaban (SK Telecom) Lambda CEO Stephen Balaban expressed his anticipation of teaming up with SK Telecom, South Korea's largest wireless carrier by membership, ahead of his upcoming visit to the country as a keynote speaker for the SK AI Summit on Nov. 4-5. “As we continue working toward a world where access to computing is as easy and ubiquitous as electricity, there’s no better partner than SK Telecom -- a telecommunications company that connects people around the world and truly understands how AI works,” the CEO said in an interview with the Korean telecom carrier. Founded in 2012, Lambda is a GPU-as-a-service company that provides AI cloud services by sourcing GPUs from Nvidia. GPUaaS allows companies to rent resources in a virtual environment without directly purchasing GPUs. Lambda’s clients include global tech giants like Intel and Microsoft. In February, SK Telecom invested $20 million in Lambda. The Korean telecom carrier plans to launch an AI infrastructure business for domestic companies starting in December, based on Lambda's GPU resources. Balaban complimented SK Telecom on its well-positioned data center infrastructure, ready to host GPUs for use by customers in and out of the country. “This partnership with SK Telecom gives us the opportunity to expand cloud services in Korea, a growing hub for tech and AI innovation. We’re looking forward to joining forces with SK Telecom to accelerate AI deployment and innovation across the region,” he added. Balaban expects growing GPU demand in both Korea and the broader Asia-Pacific markets while evaluating the rapid pace of AI innovation in Korea. “Every day, I see a cool new research paper or robotics demo from somebody at the Korea Advanced Institute of Science and Technology or Seoul National University. Those research advances are powered by GPU infrastructure,” he said. At the SK AI Summit, Balaban’s keynote will cover the significance of frequently releasing high-quality open-source models for companies, and how inference models impact computing use and model performance improvements. He will also participate in a panel discussion with SK Telecom CEO Ryu Young-sang and Smart Global Holdings CEO Mark Adams, where they will discuss the present and future of AI infrastructure. Jie Ye-eun

Lambda Frequently Asked Questions (FAQ)

  • When was Lambda founded?

    Lambda was founded in 2012.

  • Where is Lambda's headquarters?

    Lambda's headquarters is located at 2510 Zanker Road, San Jose.

  • What is Lambda's latest funding round?

    Lambda's latest funding round is Line of Credit.

  • How much did Lambda raise?

    Lambda raised a total of $393.15M.

  • Who are the investors of Lambda?

    Investors of Lambda include Macquarie Group, Industrial Development Funding, 1517 Fund, Gradient Ventures, Bloomberg Beta and 18 more.

  • Who are Lambda's competitors?

    Competitors of Lambda include DataCrunch, CoreWeave, TensorWave, The Cloud Minders, Graphcore and 7 more.

  • What products does Lambda offer?

    Lambda's products include GPU Cloud and 3 more.

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Compare Lambda to Competitors

CoreWeave Logo
CoreWeave

CoreWeave is a specialized cloud provider that focuses on delivering GPU-accelerated compute resources. The company offers a range of services, including GPU and CPU compute solutions, managed Kubernetes, virtual servers, storage, and networking, all designed to support compute-intensive tasks such as VFX & Rendering, Machine Learning & AI, and Pixel Streaming. It primarily caters to sectors that require high-performance computing, such as the machine learning, visual effects, and artificial intelligence industries. CoreWeave was formerly known as Atlantic Crypto. It was founded in 2017 and is based in Roseland, New Jersey.

Salad Technologies Logo
Salad Technologies

Salad Technologies specializes in leveraging distributed GPU resources for AI/ML inference at scale within the cloud computing industry. It offers a platform that enables the deployment of containerized applications on a global network of consumer-grade GPUs, providing an alternative to traditional cloud services. It caters to various sectors including AI inference, batch processing, and molecular dynamics. The company was founded in 2018 and is based in Salt Lake City, Utah.

A
ArrayFire

ArrayFire specializes in high-performance computing solutions, focusing on GPU and accelerator software within the technology sector. The company offers a comprehensive tensor library for GPU computing, consulting services, and training programs aimed at accelerating code and algorithm performance. ArrayFire's products and services cater to a diverse range of industries that require advanced computing capabilities, such as defense, finance, and media. It was founded in 2007 and is based in Atlanta, Georgia.

T
The Cloud Minders

The Cloud Minders specializes in scalable GPU cloud computing solutions for the AI and machine learning sectors. It offers supercomputing services designed to accelerate AI training and optimize AI inference, catering to innovators and researchers. The company was founded in 2021 and is based in Atlanta, Georgia.

i
io.net

io.net focuses on providing artificial intelligence (AI) solutions. The company offers a platform to harness global graphics processing unit (GPU) resources to provide computing power for AI startups, allowing users to create and deploy clusters for machine learning applications. It primarily serves the AI development and cloud computing industries. io.net was formerly known as Antbit. It was founded in 2022 and is based in New York, New York.

Neural Magic Logo
Neural Magic

Neural Magic specializes in software-delivered AI, focusing on high-performance inference serving solutions for deploying open-source large language models (LLMs), computer vision (CV), and natural language processing (NLP) models. The company offers products that enable efficient and fast inference on private CPU and GPU infrastructures, including sparsity-aware servers and optimization libraries. Neural Magic's solutions cater to the needs of various sectors requiring scalable and cost-effective AI applications, such as those in the cloud computing and data center domains. Neural Magic was formerly known as Flexible Learning Machines. It was founded in 2018 and is based in Somerville, Massachusetts.

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