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Post #154 25
a chip-cloud startup is raising $4B, and anthropic is basically the reason

Lambda, which rents out AI chips, is raising up to $4 billion ahead of a planned 2027 IPO. its order backlog jumped from $15B in June to $50B in September — but most of that is a single $35B deal with Anthropic. so Lambda's whole valuation leans on Anthropic's ability to keep paying, Anthropic leans on an IPO that hasn't happened yet, and the GPU money just keeps circling the same handful of names.
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