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  3. Neocloud Lambda secures $1B in debt to buy more chips

TechCrunch

Neocloud Lambda secures $1B in debt to buy more chips

Neocloud Lambda has raised $1B in private debt to buy Nvidia AI chips and lease them to Microsoft. It's the latest in a string of loans, underscoring the high cost of the AI boom.

R

By Rebecca Bellan

28 August 2026|1 min read|TechCrunch
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Industry Events

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