SambaNova hits $11 billion valuation as investors back Nvidia chip challengers

SambaNova reached an $11 billion valuation after a funding round led by General Atlantic, highlighting investor appetite for AI chip startups challenging Nvidia's dominance.

SambaNova hits $11 billion valuation as investors back Nvidia chip challengers Source: CNBC Technology https://www.cnbc.com/technology/ SambaNova is valued at $11 billion after fresh financing led by General Atlantic, as AI chip startups look to challenge Nvidia. SambaNova is valued at $11 billion after fresh financing led by General Atlantic, as AI chip startups look to challenge Nvidia /glossary/nvidia .Get AI news in your inbox Daily digest of what matters in AI.