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SambaNova Systems Raises $1 Billion at $11 Billion Valuation
2 sourcesFirst reported 14 days agoUpdated 14 days ago
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What all sources covered
- SambaNova Systems Inc., an AI chip maker, has secured $1 billion in funding.
- The latest fundraising round has positioned the company's valuation at $11 billion.
- This capital raise occurred five months after reports suggested Intel was considering acquiring the company for approximately $1.6 billion.
- Investors are expressing strong confidence in the growing demand for AI infrastructure.
2 sources
Who reported first
BloombergFirst
TechCrunch+31m
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