SambaNova AI News & Updates

SambaNova Secures $1B to Scale Specialized AI Inference Infrastructure

AI hardware startup SambaNova Systems has raised $1 billion in its Series F round, valuing the company at $11 billion. The funding will secure its supply chain to meet heavy demand for its SN40L and SN50 chips, which specialize in running multi-trillion parameter frontier models. Major institutional clients, including JPMorgan Chase, are adopting their on-premises inference systems to run highly sensitive AI models privately.