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Principal - Enterprise Business Development

In 2012, Lambda started with a crew of AI engineers publishing research at top machine-learning conferences. We began as an AI company built by AI engineers. That hasn't changed. Today, we're on a mission to be the world's top AI computing platform. We equip engineers with the tools to deploy AI that is fast, secure, affordable, and built to scale. Whether they need powerhouse GPU hardware on-site or the flexibility of cloud-based solutions, we've got the horsepower to make it happen. Lambda’s AI Cloud has been adopted by the world’s leading companies and research institutions including Anyscale, Rakuten, The AI Institute, and multiple enterprises with over a trillion dollars of market capitalization. Our goal is to make computation as effortless and ubiquitous as electricity.


If you'd like to build the world's best deep learning cloud, join us. 


What You’ll Do

  • Help Lambda continue it’s growth trajectory working with the largest and most innovative companies in the AI world

  • Develop strategic planning to bring innovative new products, services, and programs to our most important relationships 

  • Own and maintain accountability for KPI signals which will result in customer acquisition and revenue growth across this segment 

  • Identify, categorize,  prioritize, and drive engagement with Enterprise organizations that will benefit from Lambda’s growing portfolio of AI solutions 

  • Assist our field team to establish and grow deeper engagement within the Fortune 150 and Hyperscale partners

  • Partner with Lambda’s Corp Dev, and Field teams to aggregate insights to accelerate our investments in product and program development that serve will grow our revenue within this segment

You 

  • World Class - Cloud and AI experience 

  • 15-20 years in Technology with strong preference in extensive Sales and Business Development or Corporate Development 

  • Extensive Network across the technology landscape in particular with Hyperscalers(AWS, Azure, GCP, Meta etc,)  and Fortune 150

  • Experience with defining and implementing new Commercial Constructs, Programs and Pricing Strategies  

  • Proven experience and proficiency analyzing market trends that funnel into strategic planning 

  • Experience  developing account level strategic agreements, across pricing and programs

  • Extensive AI experience (model or cloud infrastructure)

  • Possess a keen understanding of Large Language Models

Nice to Have 

  • Experience in the machine learning or computer hardware industry

Salary Range Information 

Based on market data and other factors, the annual salary range for this position is $205,000 - $305,000. However, a salary higher or lower than this range may be appropriate for a candidate whose qualifications differ meaningfully from those listed in the job description.

About Lambda

  • Founded in 2012, ~350 employees (2024) and growing fast

  • We offer generous cash & equity compensation

  • Our investors include Andra Capital, SGW, Andrej Karpathy, ARK Invest, Fincadia Advisors, G Squared, In-Q-Tel (IQT), KHK & Partners, NVIDIA, Pegatron, Supermicro, Wistron, Wiwynn, US Innovative Technology, Gradient Ventures, Mercato Partners, SVB, 1517, Crescent Cove.

  • We are experiencing extremely high demand for our systems, with quarter over quarter, year over year profitability

  • Our research papers have been accepted into top machine learning and graphics conferences, including NeurIPS, ICCV, SIGGRAPH, and TOG

  • Health, dental, and vision coverage for you and your dependents

  • Commuter/Work from home stipends for select roles

  • 401k Plan with 2% company match (USA employees)

  • Flexible Paid Time Off Plan that we all actually use

A Final Note:

You do not need to match all of the listed expectations to apply for this position. We are committed to building a team with a variety of backgrounds, experiences, and skills.

Equal Opportunity Employer

Lambda is an Equal Opportunity employer. Applicants are considered without regard to race, color, religion, creed, national origin, age, sex, gender, marital status, sexual orientation and identity, genetic information, veteran status, citizenship, or any other factors prohibited by local, state, or federal law.

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Average salary estimate

$255000 / YEARLY (est.)
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$205000K
$305000K

If an employer mentions a salary or salary range on their job, we display it as an "Employer Estimate". If a job has no salary data, Rise displays an estimate if available.

What You Should Know About Principal - Enterprise Business Development, Lambda

Lambda is seeking a talented individual for the position of Principal - Enterprise Business Development. Since our inception in 2012, we've built a solid reputation as an AI-driven organization, focused on empowering engineers with cutting-edge tools to deploy AI swiftly and securely. As a Principal in our Business Development team, you'll play an essential role in scaling our impact in the AI landscape. Your primary responsibility will be to foster growth by partnering with some of the most innovative enterprises in the field. You’ll dive deep into market analysis, building strategic plans for introducing new products and services tailored to our key accounts. Accountability for KPIs tied to customer acquisition and revenue growth will be a critical part of your role, as will the exciting challenge of engaging with Fortune 150 companies and hyperscalers. With strong experience in cloud technology and AI, your extensive network will help elevate Lambda's brand in the tech ecosystem. We’re on the lookout for world-class professionals who can help drive deeper collaborations and advance our mission of making computing as ubiquitous as electricity. If you possess a profound understanding of large language models and a track record of developing strategic agreements, we would love to have you on our team. This is your chance to shape the future of AI cloud computing while doing what you love in a dynamic and supportive work environment.

Frequently Asked Questions (FAQs) for Principal - Enterprise Business Development Role at Lambda
What are the main responsibilities of the Principal - Enterprise Business Development at Lambda?

The Principal - Enterprise Business Development at Lambda is tasked with driving growth and engaging with innovative enterprises in the AI sector. Responsibilities include developing strategic plans for new products, maintaining accountability for key performance indicators that signal customer acquisition and revenue growth, and collaborating with teams to establish deeper connections with Fortune 150 and hyperscale partners.

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What qualifications are required for the Principal - Enterprise Business Development role at Lambda?

To qualify for the Principal - Enterprise Business Development position at Lambda, candidates should have 15-20 years of experience in technology, with a focus on sales, business development, or corporate development. Strong expertise in cloud and AI technology, extensive networking within the tech landscape, and a deep understanding of large language models and market trends are also crucial.

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What type of experience is beneficial for the Principal - Enterprise Business Development at Lambda?

Candidates for the Principal - Enterprise Business Development role at Lambda will benefit from extensive experience in the machine learning or computer hardware industry. Proficiency in defining commercial constructs, developing account-level strategic agreements, and analyzing market trends will significantly enhance your candidacy.

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How does Lambda support professional growth for the Principal - Enterprise Business Development?

Lambda supports the professional growth of employees by promoting innovation and providing opportunities to work on cutting-edge AI projects. The company offers access to a supportive environment with a flexible paid time off plan, health coverage, and career development initiatives to encourage continuous learning and advancement.

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What is the salary range for the Principal - Enterprise Business Development position at Lambda?

The salary for the Principal - Enterprise Business Development role at Lambda ranges from $205,000 to $305,000 annually. This range may be adjusted based on the candidate's unique qualifications and experience, reflecting Lambda's commitment to equitable compensation.

Join Rise to see the full answer
Common Interview Questions for Principal - Enterprise Business Development
Can you describe your experience in cloud and AI technologies relevant to the Principal - Enterprise Business Development role?

When answering this question, focus on specific projects or roles where you've utilized cloud and AI technologies. Highlight your understanding of how these technologies can drive business growth, and share examples of your contributions in creating strategic initiatives or programs.

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What strategies have you used to engage with large enterprises in the past?

Discuss your approach to building relationships with large enterprises, such as employing a consultative selling method. Share examples of successful partnerships you've fostered and how you adapted your strategy to meet their unique needs.

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How do you measure success in business development roles like the one at Lambda?

Emphasize the importance of key performance indicators, such as customer acquisition rates, revenue growth, and engagement metrics. Share how you've tracked these indicators to inform your strategies and drive improvement in past roles.

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Can you provide an example of a successful pricing strategy you developed in a previous position?

Provide a detailed example of a pricing strategy where you conducted market analysis, identified customer needs, and implemented a successful pricing model. Highlight how this resulted in growth or improved customer satisfaction.

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What insights have you gained from analyzing market trends in technology?

Discuss your analytical processes for staying current with market trends. Share how you've used this information to inform strategic planning and drive business development initiatives.

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Describe a time when you had to navigate a challenging negotiation. What was the outcome?

Detail a specific negotiation scenario, focusing on the strategies you employed to reach a positive outcome. Emphasize your communication skills and ability to understand the other party's needs.

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What excites you about the future of AI and its potential impact on businesses?

Convey your enthusiasm for the potential of AI to transform various industries. Discuss specific innovations or trends you’re following and how they align with Lambda’s mission and growth strategy.

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How would you approach building strategic agreements with Fortune 150 companies?

Highlight your relationship-building skills and how you would leverage your network to create mutually beneficial partnerships. Discuss the importance of understanding their business models and aligning solutions with their strategic goals.

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What do you think is the most significant challenge facing the AI industry today?

Reflect on industry challenges such as compliance, ethical considerations, or scalability. Provide insights into how these challenges can be addressed, showcasing your understanding of the industry's landscape.

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Why do you want to work at Lambda as the Principal - Enterprise Business Development?

Articulate your alignment with Lambda’s mission, values, and growth trajectory. Share what inspires you about the company’s commitment to innovation in AI and how you see yourself contributing to its success.

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Lambda provides Artificial Intelligence and Machine Learning infrastructure to companies like Apple, Intel, Microsoft, MIT, Harvard, the Federal Government, and the DOD. Were headquartered in the Dogpatch and are a short walk from the 22nd Street ...

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Full-time, remote
DATE POSTED
April 19, 2025

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