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1. Lambda Seeks $4B in Final Pre-IPO Round at $14.5B Valuation: $35B of Its $50B Backlog Is One Customer

   

   … board. Lambda is a so-called neocloud: it buys GPUs and AI chips, builds data centers, and leases the compute…

   Stories·Oct 7

2. Nvidia-Backed Reflection Debuts Beam, Its First Open-Weight Frontier Model: 501B Params, 23B Active

   

   …uted through hyperscalers and neoclouds with open-source library integrations. What shipped on launch day was …

   Stories·Oct 6