{
  "id": 12455707,
  "title": "Nvidia-backed Lambda targets $4 billion raise ahead of planned IPO: WSJ",
  "url": "https://urgent.news/2026/10/06/nvidia-backed-lambda-targets-4-billion-raise-ahead-of-planned-ipo-wsj-12455707",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-06T19:15:45.000Z",
  "source": {
    "name": "Economic Times Tech",
    "slug": "economic-times-tech",
    "url": "https://economictimes.indiatimes.com/tech/funding/nvidia-backed-lambda-targets-4-billion-raise-ahead-of-planned-ipo-wsj/articleshow/134749552.cms"
  },
  "original_language": "en",
  "account": null,
  "summary": "Investment firms Blackstone and Coatue Management are leading the round, the report said. Lambda is aiming to go public in 2027, depending on execution and market conditions, according to a letter to the company's limited partners reviewed by the Journal.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 3,
    "also_reported_by": [
      {
        "outlet": "Channel News Asia",
        "title": "Nvidia-backed Lambda targets $4 billion raise ahead of planned IPO, WSJ reports",
        "url": "https://urgent.news/2026/10/06/nvidia-backed-lambda-targets-4-billion-raise-ahead-of-planned-ipo-wsj",
        "published": "2026-10-06T17:21:43.000Z"
      },
      {
        "outlet": "Seeking Alpha News",
        "title": "Nvidia-backed neocloud Lambda is raising $4B in final round before IPO - WSJ",
        "url": "https://urgent.news/2026/10/06/nvidia-backed-neocloud-lambda-is-raising-4b-in-final-round-before-ipo",
        "published": "2026-10-06T17:52:01.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}