NEW YORK – Sept. 19, 2025 – Global law firm Greenberg Traurig, LLP represented artificial intelligence (AI) infrastructure company Lambda in securing a $275 million syndicated senior secured credit facility led and arranged by J.P. Morgan Chase Bank, N.A., among others, as lenders in the syndicate.
According to the company’s press release (Lambda Closes $275M Senior Secured Credit Facility, Led by J.P.Morgan, to Expand Superintelligence Infrastructure), this new financing will support Lambda’s efforts to expand its fleet of next-generation NVIDIA AI accelerators, servers, and data center capacity, allowing the company to deliver additional revenue-generating assets at a lower cost of capital. The initial syndicated credit facility is structured to grow alongside Lambda’s business, providing the company with the financial flexibility to rapidly pursue strategic opportunities and maintain its leadership position in AI infrastructure.
Based in San Jose, California, Lambda provides graphics processing units, workstations, servers, and cloud services that help power AI applications. The company enables AI engineers to easily, securely, and affordably build, test, and deploy AI products at scale.
The Greenberg Traurig team representing Lambda was led by Richard C. Kim, Shareholder & Co-Chair of the firm’s Global Finance Practice, Los Angeles Corporate Shareholder Homin Lee, and Miami Corporate Of Counsel Kristy "Kitt" Ritter. Additional shareholders include Jeffrey K. Ekeberg in the Tax Practice in Chicago and Sung Jin in the Corporate Practice in New York.