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NEOCLOUD LAMBDA RAISES $1B FOR NVIDIA CHIP PURCHASE

Neocloud Lambda has secured $1 billion in private debt financing to purchase Nvidia AI chips for resale to Microsoft. The funding marks the latest major investment in AI infrastructure as demand for chips continues to outpace supply.

1 SOURCEFIRST SEEN AUG 28, 08:24 PM► READ THE ARTICLE
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Neocloud Lambda has raised $1B in private debt to buy Nvidia AI chips and lease them to Microsoft. It's the latest in a…