SambaNova seeking $500m in funding after acquisition talks with Intel stall – report
Intel was reportedly mulling a $1.6bn acquisition of the AI solution provider as recently as last month
Intel was reportedly mulling a $1.6bn acquisition of the AI solution provider as recently as last month
Funding will be used to commercialize technology and support US expansion
Company expected to receive its first shipment of RNGD AI chips later this month
Deal is expected to close in the second half of 2026
Round was led by Stripes and included participation from Peter Thiel
Merge Labs emerged from stealth last week following a $252 million seed round
First RISC-V company to partner with Nvidia on the interconnect technology
Funding round was led by Ireland Strategic Investment Fund, with participation from European Innovation Council Fund and TNO Ventures, among others
Nvidia H200 and AMD MI325X GPUs will be subject to the levy
US will lower semiconductor tariffs on Taiwan
No details about the timeline have been disclosed
Wei says he’s satisfied that AI demand from customers is real
Financial terms of the deal have not been disclosed
Company is reportedly seeking a $22bn valuation
Construction slated for completion by end of 2027
Will make D-Wave only company with all three technologies necessary for scaled, error-corrected superconducting quantum computing
Round saw investment from the Royal Bank of Canada, Telus, and Microsoft
Second Marvell acquisition in as many months
Deal could reach $5.5bn if Celestial hits certain product milestones
Follows similar deal struck by Trump administration with Intel
Partners say agreement will support new market opportunities
Japanese government expected to contribute $3.2bn in subsidies
Company uses lasers to write data onto durable quartz glass
Comes 18 months after investment was first announced