Lambda, Inc.

Based in California, US, Lambda, Inc. delivers on-demand GPU cloud infrastructure services tailored for artificial intelligence (AI) training and inference, supporting enterprises and research institutions globally. Based in California, US, founded in 2012, by its co-founders Stephen Balaban and Michael Balaban, Michel Combes is the CEO. Lambda, Inc.

specializes in on-demand GPU cloud solutions, catering to AI workloads. In May 2026, Lambda, Inc. raised USD 725 million in venture debt funding from JP Morgan Asset Management. The round was part of a larger USD 1 billion debt financing.

Lambda provides a comprehensive suite of products and services centered around its on-demand GPU cloud infrastructure, primarily designed for artificial intelligence (AI) training and inference. The company's flagship offerings include GPU clusters for multi-node training and fine-tuning, utilizing NVIDIA's latest GPU technology, including the B200, B300, and the H100 instances. Lambda's platform facilitates seamless scalability and orchestration of AI workloads, catering to enterprise clients and research institutions. This service is beneficial for organizations engaged in deep learning and high-performance computing, allowing efficient management of substantial GPU resources via a user-friendly interface.

Lambda's products are marketed globally with a focus on North America, Europe, and select regions in Asia, addressing the needs of AI researchers, data scientists, and machine learning engineers. Lambda generates revenue through a straightforward transaction model that focuses on usage-based billing for its GPU cloud services. Clients are charged based on the number of GPU hours utilized, with specific pricing plans for various GPU instances, such as NVIDIA H100 instances billed at USD 2. 49 per hour.

The company engages primarily in a business-to-business (B2B) model, providing tailored cloud solutions to organizations requiring extensive computational resources for AI development. Long-term contracts are available for clients wishing to secure large-scale GPU clusters, fostering lasting partnerships with enterprises needing consistent access to high-performance computing capabilities. By offering a combination of on-demand services and enterprise pricing, Lambda effectively caters to a broad client base within the AI ecosystem. The company will use the May 2026 funding to expand its fleet of next-generation NVIDIA AI accelerator servers and data center capacity to meet growing demand for AI infrastructure.