AI chip maker SambaNova raises $1B at $11B valuation, 5 months after last mega round

Covered by 2 sources
Read the full article
SambaNova Systems secured $1 billion in its Series F funding round at an $11 billion valuation, led by General Atlantic, shortly after launching its SN50 AI chip. The company deepened its partnership with Intel and was chosen by JPMorgan Chase to power its on-premises AI inference infrastructure. SambaNova's CEO indicated ongoing interest from investors and potential for going public amid growing enterprise AI adoption.

Covered by 2 sources


More in Chips & Compute

Blackstone Bet on Chips Drove a Debt Boom That’s Upending Credit

Covered by 2 sources
Chips & Compute4 min read

On the ground at Nvidia's AI showpiece: Jensen-mania, robot ducks and neocloud distress

CNBC
Chips & Compute6 min read

Google turns the infrastructure behind Gemini’s agents into a cloud service

Covered by 2 sources