Sources: AI neocloud Lambda is raising up to $4B led by Blackstone and Coatue at a pre-money valuation of $14.5B in a final round before its planned IPO (Robbie Whelan/Wall Street Journal)

Robbie Whelan / Wall Street Journal : Sources: AI neocloud Lambda is raising up to $4B led by Blackstone and Coatue at a pre-money valuation of $14.5B in a final round before its planned IPO, Blackstone and Coatue are leading the round, which values the cloud-computing startup at $14.5 billion pre-money.