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.

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…
The AI and Data Center Image Problem
A couple days ago, John Carmack, a videogame pioneer and former virtual reality executive at Meta Platforms, wrote on X that he had begun seeing anti–data center yard signs popping up in his neighborhood. “I am entertaining the idea of paying for a billboard with something like…