AI chip startup SambaNova raises $350 million in Vista-led round, signs Intel partnership


Semiconductor chips are seen on a circuit board of a computer in this illustration picture taken February 25, 2022. REUTERS/Florence Lo/Illustration

Feb 24 (Reuters) - SambaNova Systems ⁠said on Tuesday it has raised $350 million in ⁠a new funding round and struck a partnership ‌with Intel as it seeks to capitalise on surging demand for inference chips used in artificial intelligence applications.

Inference chips, which run AI models ​and power real-time decisions, have attracted intense ⁠investor interest following a ⁠wave of dealmaking around rivals to Nvidia, as AI companies ⁠seek ‌faster and more efficient hardware.

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