Tech
Wednesday, 7/8, 07:37 AM
SambaNova Raises $1 Billion at an $11 Billion Valuation to Challenge Nvidia in AI Chips
- SambaNova, a Silicon Valley maker of AI chips built to run models rather than train them, has raised $1 billion at an $11 billion valuation, just five months after its last big round.
- The scramble to fund an alternative to Nvidia shows how much money is still chasing the picks and shovels of the AI boom.