SambaNova Executive Chairman Lip-Bu Tan says the AI chip startup is set
SambaNova Executive Chairman Lip-Bu Tan says the AI chip startup is set to raise $800M to $1B, sources say at a ~$10B valuation, up from $2B in February
AI server chips that effectively compete with Nvidia's have never been more in-demand as AI developers and cloud providers seek lower-cost alternatives to the market leader.

Classiq and TEA TEK Group Partner to Establish Quantum Computing Hub
Classiq and technology company TEA TEK Group have announced a strategic partnership to establish a quantum computing hub in Naples, Italy. The facility is configured to operate as a center for quantum computing research, software compilation, and commercial services within Italy…

Slate Auto's Radically Simple Electric Truck Starts
Slate Auto says its stripped-down electric pickup will start at $24,950 before fees, with the base model's estimated range increased from 150 to about 205 miles. The company has started taking preorders on Wednesday. "The aggressive pricing -- half the average cost of a new car…