The round was led by TWG Global, a holding company led by Thomas Tull and Mark Walter. Also participating in the round are Thomas Tull's US Innovative Technology Fund (USIT) and several existing investors.

Lambda, The Superintelligence Cloud, is a leader in AI cloud infrastructure serving tens of thousands of customers.

Founded in 2012 by machine learning engineers published at NeurIPS and ICCV, Lambda builds supercomputers for AI training and inference.

Lambda's mission is to make compute as ubiquitous as electricity and give everyone the power of superintelligence. One person, one GPU.