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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.

Original reporting: https://www.bloomberg.com/news/articles/2026-07-08/ai-chip-startup-sambanova-raises-funds-at-11-billion-valuation

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