AI chip maker SambaNova raises $1B at $11B valuation, 5 months after last mega round
Summary
SambaNova raised $1 billion at an $11 billion valuation just months after another large financing. The deal contrasts with prior market chatter that Intel explored an acquisition around $1.6 billion.
Why it matters
The jump from rumored $1.6 billion takeout to an $11 billion valuation resets expectations for AI chip exits and makes acquisition less likely in the near term.