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After CoreWeave, it is Lambda, a major new AI cloud player that has raised a lot of money, with a constant supply of nvidia GPU ammunition.
With the vigorous development of generative AI, the demand for computing infrastructure that supports its operation is soaring. This trend is driving the rapid growth of the cloud computing market, while also intensifying market competition. Traditional cloud computing giants and emerging professional computing leasing companies are engaging in a fierce game. The computing leasing star is expanding rapidly. According to media reports on Saturday, Lambda Labs, a computing leasing company supported by Nvidia, is in talks to raise $800 million and is expected to become one of the largest start-ups in Silicon Valley's financing in recent years. In February of this year, the company successfully raised $320 million at a valuation of $1.5 billion.
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As inflation cools down, the US stock index opened higher but its gains narrowed. Chip stocks rose across the board, with Nvidia up 3% and Nike falling 19%.
Nike experienced its largest intraday drop since 2001, with the company's fourth-quarter revenue falling short of expectations. Most semiconductor stocks rose, with Taiwan Semiconductor up about 1% and Nvidia slightly up. Most Chinese concept stocks fell, with Xpeng down more than 2% and JD.com, Li Auto Inc, and NIO Inc down more than 1%. The French CAC 40 index fell nearly 1%, and France's 10-year treasury note yield rose to its highest level since November last year. On the news front, the first round of voting for the National Assembly elections in France will take place on Sunday.
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