AI chip maker SambaNova raises $1B at $11B valuation, 5 months after last mega round
AI chip maker SambaNova has raised at an $11 billion valuation months after Intel was rumored to be trying to buy it for about $1.6 billion.
AI Summary
AI chip startup SambaNova Systems raised $1 billion at an $11 billion valuation in the first close of its Series F round, led by General Atlantic, just five months after its previous $350 million Series E. The company also announced JPMorganChase selected it as an inference-infrastructure partner for on-premises AI, while CEO Rodrigo Liang indicated the firm remains open to acquisition but is likely headed toward an IPO.