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Lambda inks $1B private debt for Nvidia chip deal

The Next Web

TechnologyThe Next Web·Aug 28, 2026·1 min read

Lambda inks $1B private debt for Nvidia chip deal

Lambda has raised about $1B of private short-dated debt arranged by JPMorgan to buy Nvidia GPUs that Microsoft will lease, according to Bloomberg. The same structure funds Nebius, which borrowed $775M against its own chips and holds a…

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