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AI chip maker SambaNova raises $1B at $11B valuation, 5 months after last mega round

TechCrunch AI Kate Park July 8, 2026
AI chip maker SambaNova raises $1B at $11B valuation, 5 months after last mega round
AI Summary— plain English for professionals

# AI Chip Company SambaNova Just Became Way More Valuable SambaNova, a company that makes specialized computer chips for AI systems, just raised $1 billion in funding and is now worth $11 billion. This is a dramatic jump from just a few months ago when Intel was reportedly interested in buying the company for only $1.6 billion—meaning SambaNova is now worth nearly seven times what Intel supposedly offered. The huge valuation increase shows how much investors believe AI chip makers will be important to future technology.

AI chip maker SambaNova has raised at an $11B valuation months after Intel was rumored to be trying to buy it for about $1.6 billion.

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