AI data center provider Lambda raises whopping $1.5B after multibillion-dollar Microsoft deal
Yahoo Finance·2025-11-19 03:37
AI data center provider Lambda announced Tuesday it raised 40 billion investment firm formed by billionaires Thomas Tull, the former owner of Legendary Entertainment, and Guggenheim Partners founder and CEO Mark Walter. TWG holds a variety of the billionaires’ assets, including Walter’s stakes in the Los Angeles Lakers and the new Cadillac F1 racing team. The firm also has a $15 billion fund to invest in AI anchored by Abu Dhabi’s Mubadala Capi ...