Lambda inks multibillion-dollar AI infrastructure deal with Microsoft

Core Insights - Lambda has deepened its partnership with Microsoft through a multibillion-dollar AI infrastructure deal to deploy tens of thousands of Nvidia GPUs [1][3] - The deal includes Nvidia GB300 NVL72 systems, which began shipping recently [1] - Lambda has raised $1.7 billion in venture capital and is experiencing strong demand for AI infrastructure [3] Company Developments - Stephen Balaban, CEO of Lambda, highlighted the collaboration with Microsoft as a significant step in their eight-year relationship [2] - Microsoft launched its first Nvidia GB300 NVL72 cluster in October [2] Industry Context - The announcement follows Microsoft's $9.7 billion deal with IREN for AI cloud capacity [3] - OpenAI has secured a $38 billion cloud computing deal with Amazon and a $300 billion deal with Oracle for cloud compute [4] - AWS is experiencing a growth rate of 20.2% year-over-year, with strong demand in AI and core infrastructure [5]