Chip startup SambaNova raised a $1B Series F led by General Atlantic at an $11B valuation and signs JPMorgan as a customer to deploy its chips for in-house AI
Chip startup SambaNova Systems Inc. has raised $1 billion at an $11 billion valuation, underscoring investors' conviction …
Bloomberg
Related Coverage
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- SambaNova raised $1 billion at an $11 billion valuation as investors back Nvidia challengers Quartz · Cris Tolomia
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Discussion
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@brooke
Brooke Hammerling
on x
Congrats to a truly remarkable team @SambaNovaAI on the news. And congrats to JPMorgan for choosing SambaNova to be their inference provider. Smart move! https://www.cnbc.com/...
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@mollysoshea
Molly O'Shea
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BREAKING: SambaNova Announces First Close of $1 Billion Series E at $11B Valuation Led by General Atlantic, with participation from Seligman Ventures, T. Rowe Price, & Capital Group @SambaNovaAI CEO Rodrigo Liang (@RodrigoLiang) says AI is entering a new era of “premium [video]
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@sambanovaai
@sambanovaai
on x
First close of $1B financing at an $11B valuation, led by @GeneralAtlantic. @jpmorgan deploying our RDUs (SN40 + SN50) for secure, on-prem AI inference. So proud of our team and everyone who helped get us here 🦾 Read the press release: https://sambanova.ai/... [video]
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@murtuza_merc
Murtuza J Merchant
on x
SambaNova has closed $1B at an $11B valuation five months after Intel walked away from buying them. Nvidia's competitors are getting stupid amounts of cash, and the real war hasn't even started yet. https://www.noncemedia.com/...
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@sambanovaai
@sambanovaai
on x
“Having @jpmorgan Chase decide they're going to use SambaNova for their inference solution is a big deal. It sends a message to the banking industry that it's time not to completely depend on cloud services. These banks want heterogeneous [infrastructure].” — @RodrigoLiang $11B