Startups · 2h ago
SambaNova raises $1B at $11B valuation, defying Intel acquisition rumors
AI chip startup SambaNova closed a $1 billion Series F round at an $11 billion valuation, just months after Intel reportedly considered buying it for $1.6 billion. The funding underscores continued investor appetite for AI hardware despite market consolidation. SambaNova plans to use the capital to scale production and expand enterprise deployments.
Meridian48 take
The valuation leap from a rumored $1.6B acquisition to an $11B fundraise suggests either Intel lowballed or SambaNova's growth trajectory accelerated dramatically.
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AI chip maker SambaNova raises $1B at $11B valuation, 5 months after last mega round →
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