SambaNova Raises $1B at $11B Valuation as JPMorgan Picks It for On-Prem AI Inference

TechCrunch·high signal

AI chip maker SambaNova closed a $1 billion Series F first tranche at an $11 billion valuation — just five months after its last mega-round, and after Intel was reportedly exploring a roughly $1.6 billion acquisition. Separately, JPMorgan Chase named SambaNova an infrastructure partner, deploying its systems for on-premises AI inference. The anchor customer plus the up-round signals durable enterprise demand for non-NVIDIA inference silicon.