Stephen Balaban
About Stephen Balaban
Stephen Balaban is the Co-founder and CEO of Lambda, a company that offers cost-effective GPU cloud solutions for AI training and inference. He has played a key role in providing H100s with 3,200 Gbps InfiniBand at competitive prices since the company's inception in 2012.
Work at Lambda
Stephen Balaban serves as the Co-founder and CEO of Lambda, a company he has been part of since its inception in 2012. Under his leadership, Lambda has established itself as a provider of cost-effective GPU cloud solutions tailored for AI training and inference. The company has gained recognition for its competitive pricing, particularly in offering H100s with 3,200 Gbps InfiniBand. Balaban's role has been pivotal in shaping Lambda's strategic direction and operational success within the tech ecosystem of the San Francisco Bay Area.
Education and Expertise
Stephen Balaban studied at the University of Michigan, where he earned a Bachelor's degree in Computer Science and Economics. This educational background has equipped him with a solid foundation in both technical and economic aspects of the technology industry. His expertise in these fields has informed his approach to leading Lambda and addressing the demands of the AI and cloud computing markets.
Background
Based in the San Francisco Bay Area, Stephen Balaban has contributed to the tech ecosystem for over a decade. Since co-founding Lambda in 2012, he has been actively involved in advancing GPU cloud solutions. His experience in the industry has allowed him to navigate the complexities of technology and business, fostering innovation and growth within his company.
Achievements
Stephen Balaban has played a significant role in Lambda's growth, including the successful raising of $320 million for the development of a GPU cloud specifically designed for AI applications. This funding has enabled Lambda to enhance its offerings and expand its market presence. His contributions have positioned Lambda as a key player in the competitive landscape of AI cloud solutions.