Right now, the primary Lambda Labs credit program you’ll see here is the Lambda Labs Research Grant. It’s a competitive, application-based program that can provide up to roughly $5,000 in cloud credits for academic AI/ML research. It’s aimed at researchers with an active project and an institutional affiliation, not general users looking for a no-questions-asked free trial. If you don’t qualify, your best “discount” option is often buying unused Lambda credits from others via AI Credit Mart.

Yes. If you have Lambda Labs credits you won’t use (for example, leftover lab allocation), you can list them on AI Credit Mart. Buyers get cheaper compute, and you recover some budget instead of letting credits expire.

On AI Credit Mart, unused AI credits commonly trade at roughly 40% to 40% off face value, depending on expiry dates and demand. Lambda credits can be especially attractive when GPU availability is tight, so discounts may vary by timing and size.

Apply if you’re doing serious academic AI/ML research and can show a real project with a university or research-institute affiliation. The grant can provide up to about $5,000 in Lambda GPU cloud credits, intended for experiments that would otherwise be hard to fund. It’s not a general free tier. Selected researchers may also get guidance from Lambda’s research leadership, and Lambda expects supported work to be suitable for top venues.