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AI News from ET - US chip startup SambaNova scores billion-dollar funding round

Vishwadeep Khatri
in AI News & Two Lenses

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American AI chip startup SambaNova secured $1 billion in new funding. This investment values the company at an impressive eleven billion dollars. The company focuses on AI inference, which is crucial for user queries. This funding will support SambaNova's infrastructure development and expansion. Newcomers like SambaNova aim to challenge Nvidia's market dominance.

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