AI chip maker SambaNova raises $1B at $11B valuation, 5 months after last mega round
SambaNova Systems has secured $1 billion in Series F funding, reaching an $11 billion valuation to accelerate production and scale its AI inference infrastructure.Summary
SambaNova Systems, an AI chip startup, has raised $1 billion in a Series F funding round led by General Atlantic, valuing the company at $11 billion. This capital injection follows a $350 million Series E round just five months prior. The funds are earmarked for scaling business operations and securing the supply chain to meet surging demand for its high-performance SN50 and SN40L chips. Notable developments include a partnership with JPMorganChase for secure, on-premises AI inference and continued collaboration with Intel. CEO Rodrigo Liang emphasized the company's focus on supporting massive, multi-trillion-parameter models for enterprises, governments, and sovereign cloud providers while keeping the option of a public offering as a future goal.
(Source：TechCrunch)