AI chip maker SambaNova raises $1B at $11B valuation, 5 months after last mega round
Covered by 2 sources
Read full postSambaNova 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.
