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

AI Chip Startup SambaNova Raises $1bn to Hit $11bn Valuation

Samuel Nwite3h agoen
Read on tekedia.com

From the article

Artificial intelligence chip startup SambaNova has secured $1 billion in new financing, underscoring investors’ growing appetite for companies seeking to challenge Nvidia’s dominance in one of the fastest-growing segments of the AI industry. The latest funding round values the California-based company at $11 billion and comes as demand shifts from training large AI models to […] The post AI Chip Startup SambaNova Raises $1bn to Hit $11bn Valuation appeared first on Tekedia .
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