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Wednesday, 24 June 2026
AIThe InformationJust broke

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.

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