AI chip maker SambaNova raises $1B at $11B valuation in a first close of its Series F round led by General Atlantic. More investors are expected to join soon.
Amount Raised
$1 Billion
Round Type
Series F
Palo AltoManufacturingHardwareSoftwareArtificial IntelligenceMachine LearningNatural Language ProcessingInvestors
Description
AI chip company SambaNova Systems has raised $1 billion at an $11 billion valuation led by General Atlantic in its Series F round. This round comes five months after revealing its SN50 chip and a $350 million Series E. SambaNova has deepened its ties with Intel, co-developing products together. Additionally, it has been selected by JPMorganChase for their inference infrastructure.
Who to call at SambaNova, and when
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