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.
Where the legal industry reads first.
Enjoyed this article? Get the biggest legal industry updates, deals, appointments, insights and expert interviews in your inbox, free.
No spam. Unsubscribe anytime.From Legal Desire
Is your firm the one being cited, or the one being skipped?
We ran the test. On several everyday legal questions, software companies are answering and law firms are not. We help firms fix that, and we build the technology behind the practice.
