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

Short summary

AI chip maker SambaNova has raised $1 billion at an $11 billion valuation, just five months after its previous mega round. The raise comes amid reports that Intel was exploring an acquisition of SambaNova for roughly $1.6 billion. The round signals strong investor confidence in AI hardware startups despite a competitive landscape dominated by larger players.

• •SambaNova raised $1B at an $11B valuation, five months after its last mega round
• •Intel was reportedly considering acquiring SambaNova for ~$1.6B
• •The raise underscores continued investor appetite for AI chip startups

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