Bloomberg
AI Chip Startup SambaNova Raises Funds at $11 Billion Valuation
Wednesday, July 8, 2026
Chip startup SambaNova Systems raised $1 billion in funding at an $11 billion valuation. The company develops processors and software for artificial intelligence workloads. SambaNova was founded in 2017 by former Stanford researchers and is based in Palo Alto, California.
