Intel's Sambanova deal gets U.S. antitrust clearance


FILE PHOTO: Intel CEO Lip-Bu Tan makes a speech on stage in Taipei, Taiwan May 19, 2025. REUTERS/Ann Wang/File Photo

May 1 (Reuters) - ⁠U.S. antitrust authorities ‌have completed their review of Intel's investment in ​SambaNova, a ⁠chip startup ⁠chaired by Intel CEO ⁠Lip-Bu ‌Tan, according to ⁠a regulatory notice circulated on ​Friday.

Intel ‌put $35 million into ⁠SambaNova ​in February, which, along with ⁠other financing, boosted ​Intel’s stake in the startup to 8.2% ⁠from 6.8% last year.

Intel has planned to invest another $15 ​million ⁠in SambaNova, Reuters ​reported on ‌April 1.

(Reporting by ​Jody Godoy in New York)

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