AI CLOUD PROVIDER LAMBDA APPOINTS FORMER SPRINT CEO

AI DESK■ 1 MIN READ

TUE, MAY 5, 2026

■ AI-SUMMARIZED FROM 1 SOURCE ▸ TIMELINE

Lambda Inc., an Nvidia-backed AI cloud computing provider, has named Michel Combes as its new chief executive officer. Combes, a veteran of Sprint, will lead the company's management restructuring as it scales operations.

Combes brings extensive experience in telecommunications and operational leadership to the role. At Sprint, he held senior positions during a period of significant industry consolidation. His appointment signals Lambda's push to strengthen executive leadership and accelerate growth in the competitive AI cloud market. The management overhaul comes as demand for AI infrastructure continues to surge. Lambda operates in a space dominated by larger players like AWS, Google Cloud, and Microsoft Azure, but has attracted backing from Nvidia, a major player in AI chip manufacturing. Combes' appointment represents a strategic shift toward more traditional corporate leadership at the startup. His background in managing large-scale operations and navigating competitive markets aligns with Lambda's ambitions to expand its footprint in enterprise AI services. The specific details of Lambda's growth strategy under new leadership remain to be outlined.

■ SOURCES

► Bloomberg Tech

■ SUMMARY WRITTEN BY AI FROM THE LINKS ABOVE

■ MORE FROM THE STARTUPS DESK

P652METRIPORT RAISES $26M FOR PATIENT DATA TOOLS

Metriport secured $26M in Series A and seed funding led by Matrix GP, bringing its total funding to $28.4M. The startup provides tools that enable doctors to retrieve and manage patient data.

1H AGO— AI Desk

P651FARO RAISES $37.3M TO ACCELERATE CLINICAL TRIALS

Faro, an AI platform for clinical trial optimization, closed a $37.3 million Series B round co-led by Merck Global Health Innovation Fund and S32. The funding will support development of data models and AI tools designed to streamline trial processes.

1H AGO— AI Desk

P630AJAIB RAISES $270M IN INDONESIA'S BIGGEST TECH ROUND

Ajaib, a Stanford-founded stock trading app, secured $270 million in Series C funding from SBI Holdings, marking Indonesia's largest tech fundraising round since 2022.

3H AGO— Industry Desk

P554TOWN RAISES AT $1B VALUATION LED BY INDEX

Town, an enterprise personal AI assistant platform, is in talks to raise funding at a $1 billion valuation in a round led by Index Ventures, according to sources.

YESTERDAY— AI Desk

◄ BACK TO NEWS

AI CLOUD PROVIDER LAMBDA APPOINTS FORMER SPRINT CEO

■ MORE FROM THE STARTUPS DESK

■ SUBSCRIBE TO THE DAILY BRIEF