L

Lambda

Cloud-based GPU services for AI training

Employment Counsel

Full-TimePosted on 10/20/2026
$189k - $280k/yr+ Equity compensation + 2% 401(k) match
Senior
JD
San Francisco, CA, USA+1 moreMore locations: New York, NY, USA
HybridBased in San Francisco; four days in-office and Tuesdays work-from-home. Alternative locations may be considered for qualified candidates.
LegalLegal Counsel & Legal Support

About the job

Requirements
  • A Juris Doctor from an accredited law school and active admission to practice in at least one U.S. jurisdiction; California bar admission is preferred, or eligibility for California Registered In-House Counsel.
  • At least 7 years of employment law experience, ideally including law-firm labor and employment practice experience and in-house experience at a technology or other high-growth company.
  • Hands-on experience supporting international expansion, including hiring through Employer of Record or Professional Employer Organization providers, hiring directly through local entities, and moving employees between those models.
  • Deep knowledge of U.S. federal and California employment law, plus working familiarity with employment frameworks in key international markets such as the UK, EU, Canada, and APAC.
  • Experience conducting workplace investigations and managing employment litigation and agency matters.
  • Sound judgment and the ability to give clear, practical advice that balances legal risk against business objectives, including when information is incomplete.
  • Excellent written and verbal communication skills, including the ability to explain complex issues simply to HR partners, managers, and executives.
  • Low ego, high ownership, and comfort building structure in a fast-moving environment.
Responsibilities
  • Provide practical, day-to-day advice to People Partners, Talent Acquisition, Total Rewards, and managers across the employee lifecycle, including hiring, onboarding, compensation, leave and accommodation, performance management, discipline, and separation.
  • Advise on wage and hour compliance, including exempt/non-exempt classification and California-specific requirements, contractor and consultant classification, and multi-state employment compliance.
  • Handle sensitive employee relations matters and separations, including drafting and negotiating separation and release agreements.
  • Partner with Recruiting and the People team on offers and hiring, and own employment templates, including offer letters, employment agreements, and confidentiality and invention assignment agreements.
  • Draft and negotiate bespoke employment agreements for senior and specialized hires as needed.
  • Draft and maintain contractor, consultant, and advisor agreements, and advise on the appropriate engagement model for each role.
  • Partner with People, Finance, Tax, and Corporate on hiring in new countries, including deciding when to use an Employer of Record or Professional Employer Organization and when to establish a local entity; manage those providers and transitions between models.
  • Own the employment side of establishing local entities, including country-specific documentation, policies, and compliance.
  • Advise on international employment matters across the employee lifecycle and manage local outside counsel.
  • Conduct or oversee workplace investigations into complaints of harassment, discrimination, retaliation, and misconduct.
  • Manage agency charges, demand letters, arbitrations, and litigation with outside counsel, focusing on cost-effective outcomes.
  • Own and update the employee handbook, policies, and required notices across U.S. states and international locations.
  • Advise on compensation programs with employment implications, including incentive and commission plans, pay transparency, and pay equity requirements.
  • Support employment compliance for data center and operations workforces, including scheduling, overtime, and workplace safety matters.
  • Design and deliver training for managers and the People team.
  • Support employment aspects of mergers and acquisitions, reorganizations, and reductions in force, including WARN and international collective consultation requirements.
  • Partner with corporate and securities counsel on employment matters tied to company growth and public company readiness.
  • Build scalable processes, templates, and self-serve resources so the People team can handle routine matters and knows when to escalate.
Desired Qualifications
  • Experience at a company scaling from several hundred to several thousand employees, or through an initial public offering.
  • Experience with equity compensation, including working with Recruiting and Equity Administration teams on employee and candidate equity questions.
  • Experience with employment issues for data center, hardware, or other operational and field-based workforces.
  • Experience coordinating with immigration and global mobility counsel.
  • Familiarity with global human resources information systems and Employer of Record platforms.
  • California bar admission.

About the company

Lambda Labs provides cloud-based GPU services for AI training and inference. Its AI Developer Cloud runs on NVIDIA GH200 Grace Hopper hardware to train large language models and generative AI, offering on-demand and reserved GPUs billed by the hour (for example, $1.99/hour for H100). It differentiates itself through competitive pricing, high availability, and an integrated ML stack with Lambda Stack for easy installation of PyTorch, TensorFlow, CUDA, cuDNN, and NVIDIA drivers, plus Lambda Echelon for owning infrastructure with hosting and support. Its goal is to make scalable AI development and deployment affordable by providing flexible GPU access, reliable hosting, and streamlined software deployment for teams working with large models.

Company Size

501-1,000

Company Stage

Late Stage VC

Total Funding

$9.1B

Headquarters

San Jose, California

Founded

2012

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Simplify's Take

What believers are saying

  • October 1, 2026, Lambda closed $1 billion fixed-rate debt for contracted deployments.
  • August 31, 2026 Reuters reported Anthropic's $35 billion Lambda deal for Texas capacity.
  • May 2026 leadership changes installed Michel Combes and John Donovan for scale execution.

What critics are saying

  • Lambda's growth now depends on Nvidia chip allocation and pricing, tightening margins immediately.
  • October 1 financing secures three deployments; one canceled off-take strains highly levered infrastructure economics.
  • A failed hyperscale customer ramp, especially Anthropic, threatens refinancing and a pre-IPO exit.

What makes Lambda unique

  • Lambda pairs bare-metal GPU clouds with on-prem hardware and software, simplifying full-stack AI deployment.
  • At GTC 2026, Lambda announced early Vera Rubin NVL72 bare-metal instances for H2 2026.
  • Lambda runs production-scale infrastructure, including Quantum-X InfiniBand Photonics on 10,000-GPU GB300 clusters.

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Benefits

  • Health Insurance
  • Dental Insurance
  • Vision Insurance
  • 401(k) Retirement Plan
  • 401(k) Company Match
  • Unlimited Paid Time Off
  • Wellness Program
  • Commuter Benefits

Growth & Insights and Company News

6 month growth

0%

1 year growth

2%

2 year growth

0%
Yahoo Finance
Oct 22nd, 2026
Neoclouds explained: GPU providers behind the AI boom face a $3.5T impairment risk

Neoclouds, specialist providers that rent out GPU capacity for AI training and inference, have gone from unknown startups to listed companies with contracts worth billions of dollars. CoreWeave, Nebius and IREN lead the listed group; Lambda, Crusoe and Fluidstack remain private. Their shares fell hard in October 2026. CoreWeave dropped 29%, leaving it valued at about $34 billion against a 2025 peak of about $90 billion; Nebius fell 27% and IREN 32%. CoreWeave's unsecured debt yielded about 15%. On October 14, 2026, Gartner predicted that more than 80% of neocloud providers will stop operating independently by 2030. It also warned that more than $3.5 trillion of AI infrastructure spending could face impairment. Demand remains strong. CoreWeave co-founder Brannin McBee said nearly all of its 2027 capacity is sold.

The Wall Street Journal
Oct 6th, 2026
Exclusive | AI-Computing Startup Lambda Is Raising $4 Billion in Final Round Before Planned IPO

The Nvidia-backed company is targeting an IPO in 2027.

Yahoo Finance
Sep 1st, 2026
Anthropic signs $35B cloud deal with Nvidia-backed Lambda for Texas data centre

Anthropic has signed a $35 billion cloud-computing agreement with Nvidia-backed Lambda, the Wall Street Journal reported. The deal gives Anthropic access to computing capacity from a Texas data centre being developed by Hut 8, a Bitcoin miner turned data centre operator. Nvidia secured capacity at the facility, whilst Lambda will deploy Nvidia chips and provide computing resources to Anthropic. The arrangement's financial terms remain unclear. Anthropic's annualised revenue run rate reportedly reached $65 billion by end-July. The structure highlights Nvidia's expanding role beyond selling AI chips. Anthropic previously agreed to spend $45 billion over six years with another Nvidia-backed provider, Nscale. In April, Amazon announced Anthropic plans to spend over $100 billion on AWS technology over the next decade.

Associated Press
Aug 27th, 2026
Lambda closes $926M term loan B to fund GPU infrastructure for investment-grade customer

Lambda has closed a $926 million senior secured term loan B facility to fund GPU infrastructure for an investment-grade customer. The facility, priced at SOFR + 3.00% and issued at 99.5% of principal, received a Baa2 rating from Moody's. This marks Lambda's first large-scale private cloud GPU asset-backed financing and the first broadly syndicated, investment-grade-rated term loan B by a private neocloud. The facility matures on 31 December 2030 and is secured by the GPU servers and related infrastructure it funds. The closing follows Lambda's $1 billion senior secured credit facility announced in May 2026. Morgan Stanley acted as lead left arranger, bookrunner, and administrative agent, with MUFG serving as joint bookrunner.

The Next Web
Aug 25th, 2026
Lambda is raising up to $3bn before an IPO, months after borrowing $917m for chips

Nvidia-backed Lambda is in talks for up to $3bn in pre-IPO financing at a valuation of $12bn or more, ahead of a listing next year.