July 8 (Reuters) - AI chip startup SambaNova said on Wednesday it has raised $1 billion in a late-stage funding round led by General Atlantic at an $11 billion post-money valuation.
The company makes custom chips, hardware systems and cloud services tailored for inference - the process by which models respond to user queries.
Here are some details:
• The Series F round included significant investment from Seligman Ventures, T. Rowe Price ***** ociates and Capital Group.
• New and existing investors include A&E Investment, ***** am Ventures, funds and accounts managed by BlackRock, Intel Capital and the Qatar Investment Authority.
The company makes custom chips, hardware systems and cloud services tailored for inference - the process by which models respond to user queries.
Here are some details:
• The Series F round included significant investment from Seligman Ventures, T. Rowe Price ***** ociates and Capital Group.
• New and existing investors include A&E Investment, ***** am Ventures, funds and accounts managed by BlackRock, Intel Capital and the Qatar Investment Authority.
4 months ago
