Lambda Labs is one of the fastest growing companies in the AI-related cloud computing hardware market. The company has been operating since 2012 and specializes in GPU cloud services
Lambda Labs is leading the way in cloud services for AI and machine learning, which are becoming key to future technologies. Demand for computing power is expected to grow explosively, and the company is already actively meeting it by providing high-performance GPUs for AI training.
client companies
year of foundation
2012
YoY Growth
50 000
About company
The rapid growth of the AI market
Demand for computing power is expected to grow explosively, and the company is already actively meeting it by providing high-performance GPUs for AI training.
GPU capacity shortage
The shortage of GPUs in the market makes AI and ML challenges more complex. Using thousands of Nvidia GPUs, Lambda Labs offers flexible and efficient solutions that stand out from the crowd.
The company's cloud segment brings in about $270 million with a 400% annualized growth rate, and total revenue, including the hardware business, is estimated at $400-450 million. Forecasts promise revenue growth to $1.2 billion in 2025.
Rapid revenue growth
Clients from a variety of industries - healthcare, pharmaceuticals, robotics, finance - provide diversification and reduce risk, opening up broad growth prospects.
Diversified customer base
In the latest Series C funding round, the company was backed by notable funds such as Gradient Ventures (Google AI fund), B Capital, SK Telecom, and T. Rowe Price.
Support for leading investors
Key competitive advantages of Lambda Labs
Why invest
The company's sales grew from $20 million in 2022 to $250 million in 2023 - one of the most record-breaking stories of rapid sales growth for companies of this size. x12.5 per year
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Lambda Labs serves more than 50,000 research teams from a variety of sectors, including industry, healthcare, pharmaceuticals, financial services, and U.S. government agencies. Lambda Labs' clients include leading research institutions such as MIT, Stanford, and Caltech, as well as corporations such as Microsoft, Amazon, Airbus, and a host of technology companies and startups working on cutting-edge AI projects.