Neocloud Lambda secures $1B in debt to buy more chips
IT
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August 28, 2026
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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 string of loans, underscoring the high cost of the AI boom.
Source: TechCrunch | https://techcrunch.com/feed/ - Read Original
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