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Stephen BalabanStephen Balaban

Stephen Balaban

Co-founder and CEO / Lambda

Stephen Balaban is the Co-founder and CEO of Lambda, a company focused on building supercomputers and providing the world's least expensive GPU cloud for AI training and inference. He is a prominent figure in the AI infrastructure space, having secured a multi-billion AI infrastructure agreement with Microsoft. Previously, he was the first hire at Perceptio, a deep neural network company acquired by Apple.

Bachelor's, University of Michigan
United States
TwitterTwitter11.3K
LinkedInLinkedIn5.7K
Artificial IntelligenceInformation Technology
$1.2B
Company Valuation
12+ years
Years as CEO
11.3K
Twitter Followers
5.7K
LinkedIn Followers
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Work Experience

LambdaLambda
Lambda

Co-founder, CEO

Mar 2012 - Present
Responsibilities
Lambda offers the world’s least expensive GPU cloud for AI training and inference. H100s + 3,200 Gbps InfiniBand for just $1.89/hr. http://lambdalabs.com
PerceptioPerceptio
Perceptio

Software Engineer

Nov 2012 - Aug 2013
Responsibilities
First hire at Perceptio, developed deep neural networks for face recognition that ran locally on the iPhone's GPU. Acquired by Apple.

Education

University of MichiganUniversity of Michigan
University of Michigan

Bachelors

Field of Study
Bachelors - Computer Science, Economics

Key Facts

Current Role

Co-founder and CEO of Lambda, a leading provider of AI compute infrastructure.

Company Focus

Lambda offers the world's least expensive GPU cloud for AI training and inference.

Acquisition Experience

Previously the first hire at Perceptio, a deep neural network company acquired by Apple.

Technical Expertise

Expertise in Deep Learning, Face Recognition, and Convolutional Neural Networks.

Professional Profile

Stephen Balaban is a co-founder and CEO of Lambda, a company dedicated to building the premier AI compute platform globally. His career is centered on developing and scaling infrastructure for deep learning and artificial intelligence.

Industry Focus
Artificial Intelligence InfrastructureGPU Cloud ServicesDeep LearningNeural NetworksAI Supercomputers
Professional Roles
CEOCo-founderSoftware EngineerEntrepreneurshipTechnology Leadership

Media Coverage & Interviews

Lambda CEO on deal with Microsoft: We've built up a lot of trustLambda CEO on deal with Microsoft: We've built up a lot of trust
Lambda CEO on deal with Microsoft: We've built up a lot of trust

Stephen Balaban discusses Lambda's multi-billion dollar AI infrastructure agreement with Microsoft, emphasizing the trust built between the two companies.

Nov 3, 2025
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Building The Neural Software Future With Stephen BalabanBuilding The Neural Software Future With Stephen Balaban
Building The Neural Software Future With Stephen Balaban

Balaban joins ARK's Brett Winton, Charles Roberts, and Frank Downing to discuss the future of neural software and the role of Lambda Labs in building that future.

Sep 25, 2025
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From startup to $1.2B with Lambda's Stephen BalabanFrom startup to $1.2B with Lambda's Stephen Balaban
From startup to $1.2B with Lambda's Stephen Balaban

The CEO and Co-founder of Lambda Labs discusses the company's journey from a startup to achieving a valuation of $1.2 billion on the Gradient Dissent podcast.

Jul 25, 2024
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Stephen Balaban — Living on the Edge: Lambda and Decentralized AIStephen Balaban — Living on the Edge: Lambda and Decentralized AI
Stephen Balaban — Living on the Edge: Lambda and Decentralized AI

Balaban discusses the rapid advancements in autonomous intelligent systems and the role of Lambda in providing GPU cloud and AI infrastructure for decentralized AI.

Apr 9, 2024
N/A
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Platform Stats & Expertise

Twitter Followers

11.3K

Expertise

AI Infrastructure

Focus Area

GPU Cloud

Role

Entrepreneur

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