On November 19, 2025, AI infrastructure provider Lambda announced the completion of its Series E funding round, raising over $1.5 billion. The round was led by TWG Global, with participation from Tal's U.S. Innovation Technology Fund, which previously led Lambda's $320 million Series C funding last year. Founded in 2012, Lambda operates a cloud platform optimized for AI workloads. The company recently secured a multi-billion-dollar agreement with Microsoft to provide AI infrastructure featuring tens of thousands of NVIDIA GPUs.
