Lambda wins Hudson River Trading deal for Nvidia chips
AI cloud startup Lambda has secured a contract to provide high-speed trading firm Hudson River Trading with access to over 1,000 Nvidia Blackwell systems. The deal utilizes hardware already installed in data centers to support the trading firm's ongoing artificial intelligence operations.
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Lambda secured a cloud contract with high-speed trading firm Hudson River Trading to provide access to Nvidia chips. The agreement follows Lambda's $1.5 billion capital raise last year after signing a deal to supply chips to MICROSOFT CORP. This partnership facilitates high-performance computing for a trading firm that generated $12.3 billion in trading revenue last year.
