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Lambda Raises $480M to Expand AI Cloud Platform

New capital positions Lambda as the leading platform for large-scale AI cloud infrastructure, AI inferencing, and open source AI chat Lambda, the AI Developer Cloud, today announced it has raised a $480 millionSeries D, bringing the total equity capital raised to date to $863 million. The round was co-led by Andra Capital and SGW with...

Alternatives to Varsol: A Safer, Greener Future for the Oil and Gas Industry
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Alternatives to Varsol: A Safer, Greener Future for the Oil and Gas Industry

Introduction The oil and gas industry is a pillar of global economic development, but it also presents significant environmental and health challenges. Among the many chemicals used in this industry, Varsol has long been a preferred solvent for cleaning and degreasing equipment. While Varsol is highly effective, its widespread use comes with serious health risks...

A Revolution Against the Toxic Impact of Xylene in Oil and Gas Industry
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A Revolution Against the Toxic Impact of Xylene in Oil and Gas Industry

Introduction: The oil and gas industry, being pivotal to global energy needs, faces increasing inquiry for its environmental impact. One such issue is the use of hazardous chemicals, such as xylene, in drilling operations. Xylene is a widely used aromatic solvent for cleaning surface pipelines, wellbore tubing, and especially the area near the wellbore. Xylene...