Lambda, Inc. (Lambda), the Superintelligence Cloud, has announced the closing of its US$926 million senior secured term loan B facility, first priced on August 12, 2026, to fund the purchase and deployment of GPU infrastructure supporting a committed customer deployment with an investment-grade offtaker.
Latham & Watkins LLP advised Morgan Stanley and the arrangers in the financing with a team led by partners Chirag Dedania, Josh Holt, and Robert Katz, and counsels Josh Chao and Juan Carlos Olivares, with associates Amanda Mitchell and Kayla Matthews. Advice was also provided on technology transactions matters by partner Morgan Brubaker, with associate Azam Chaudry; and on real estate matters by associates Vasi Mitrakos and Brandon Hemans.
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