AI chip maker SambaNova raises $1B at $11B valuation, 5 months after last mega round
SambaNova Systems raised $1 billion in its Series F round, valuing the company at $11 billion, with General Atlantic leading the investment. The company, founded in 2017, is in acquisition talks with Intel and has partnered with JPMorgan Chase for AI inference infrastructure. Its SN50 chip, set to ship in 2026, targets premium inference for large models, with SoftBank as its first deployment partner. The company aims to scale its business and secure the supply chain, with plans for a potential public listing.
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