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TechCrunch·3 min read·medium

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

K
Kate Park
AI chip maker SambaNova raises $1B at $11B valuation, 5 months after last mega round
AI Summary

AI chip startup SambaNova Systems has raised $1 billion in a Series F funding round, bringing its valuation to $11 billion. The company is also partnering with JPMorganChase to provide on-premises AI inference infrastructure.

AI chip company SambaNova Systems has raised $1 billion at an $11 billion valuation led by General Atlantic, in a first close of its Series F round, with more investors expected to join soon.

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