Overview
Sambanova Systems has secured over $350 million in Series E funding, led by Vista Equity Partners and Cambium Capital, with participation from Intel Capital and others. The funding will enhance the production of its new SN50 AI chip, which offers five times faster performance than competitors and aims to address the growing demand for efficient AI inference in data centers. The chip is set to ship later this year, with SoftBank Corp. as its first customer in Japan.
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Recent Deals
Investors: Vista Equity Partners, Cambium Capital, Intel Capital
Sambanova Systems has secured over $350 million in Series E funding, led by Vista Equity Partners and Cambium Capital, with participation from Intel Capital and others. The funding will enhance the production of its new SN50 AI chip, which offers five times faster performance than competitors and aims to address the growing demand for efficient AI inference in data centers. The chip is set to ship later this year, with SoftBank Corp. as its first customer in Japan.