Group 1 - Lambda, a cloud computing company providing hardware and services for AI enterprises, is preparing for an initial public offering (IPO) possibly in the first half of 2026 [1] - The company has hired JPMorgan, Morgan Stanley, and Citigroup to assist with the IPO process [1] - Earlier this year, Lambda raised $480 million in a Series D funding round led by Andra Capital and SGW, with participation from notable investors including NVIDIA [1] Group 2 - Lambda offers access to NVIDIA clusters and recently launched NVIDIA's SHARP protocol in its multi-tenant environment to enhance bandwidth efficiency and reduce communication latency [1] - NVIDIA is both a supporter and customer of Lambda, agreeing to rent 10,000 self-developed AI chips for $1.3 billion over four years [1] - Lambda competes with CoreWeave, which went public in March 2025 and has seen its stock price more than double since the IPO [2]