Lambda

AI · GPU cloud · Late growth · US

IPO expected H2 2026 target

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Valuation

$5Bunverified mark

Deal Score

B70 / 100

Funding

$1.5B+ Series E (Nov 2025); ~$350M pre-IPO convertible notes in talks (Mubadala Capital, Jan 2026)

Demand

High

IPO window

H2 2026 target

Top-100 rank

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Valuations are as reported and not verified (this one: unverified mark). Deal Score (0-100, graded A+ to C) is Mindcap's own assessment; demand is our desk's read of buyer and seller interest (Emerging, Medium, High). Data as of August 2026. Not investment advice.