Nvidia-Backed Lambda Signs $1 Billion Private Debt Agreement

August 29 news, Lambda, backed by Nvidia (NVDA.O), has signed a $1 billion private debt agreement for chip transactions. It is reported that the deal was led and arranged by JPMorgan, with the debt being marketed to private placement investors. Informed sources added that the debt will be used to purchase Nvidia GPU graphics cards, and this batch of chips will subsequently be leased to Microsoft for use.