AIBloomberg Techabout 2 hours ago
SambaNova Hits $11B Valuation on $1B Round
1 min read
SambaNova raised $1 billion in financing led by General Atlantic, with participation from Seligman Ventures, T. Rowe Price, and Capital Group, valuing the AI chip startup at $11 billion. The company focuses on inference chips and on-premise AI deployments. JPMorgan Chase will deploy SambaNova's systems for on-prem inference.
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