Lambda, Microsoft agree multibillion-dollar AI infrastructure deal

Lambda, Microsoft agree multibillion-dollar AI infrastructure deal

Cloud computing startup Lambda announced on Monday a multibillion-dollar deal with Microsoft for artificial intelligence infrastructure powered by tens of thousands of Nvidia chips. The agreement comes as Lambda benefits from surging consumer demand for AI-powered services, including AI chatbots and assistants, CEO Stephen Balaban told CNBC’s “Money Movers” on Monday. “We’re in the middle…

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Nikkei 225, Kospi, CSI 300

Nikkei 225, Kospi, CSI 300

Mount Fuji and the Shinjuku skyline in Tokyo, Japan, on Friday, Feb. 14, 2025. Photographer: Kiyoshi Ota/Bloomberg via Getty Images Bloomberg | Bloomberg | Getty Images Asia-Pacific markets traded mixed Wednesday as investors parsed trade data that just came out of Japan. Japan’s exports in November grew 6.1% year on year, data from the country’s…

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