Intel investing in AI chip startup SambaNova Systems

Posted on by wpadmin
  • Intel (INTL) is investing in AI chip startup SambaNova Systems after talks to acquire SambaNova Systems for $1.6B reportedly stalled last month.
  • The microchip giant plans to invest $100M, though that figure could rise to up to $150M, Reuters reported.
  • The news service added that Vista Equity Partners is leading the latest funding round of more than $350M for SambaNova.

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