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

What happened

SoftBank will be the first deployment partner for SambaNova Systems' next-generation SN50 chip, which is due to ship in the second half of 2026.

Source

Article excerpt

AI chip company SambaNova Systems has raised $1 billion at an $11 billion valuation led by General Atlantic, in a first close of its Series F round, with more investors expected to join soon. “In the next few weeks, a few more investors will be coming in, and the second close is likely to finish up,” Rodrigo Liang, CEO and co-founder of SambaNova, told TechCrunch. The latest round comes roughly five months after the Palo Alto, California-based startup company unveiled its SN50 chip, alongside a $350 million Series E in February. SambaNova had also been in acquisition talks with Intel, a deal valuing it at roughly $1.6 billion, according to a December report from Bloomberg News. Asked whether closing its Series E and F rounds meant SambaNova, founded in 2017, had settled on staying independent, Liang was noncommittal. He said the company keeps fielding interest. “We’re always being approached.” The door is open to such an exit in this dynamic AI market, the CEO said, but momentum and growth will most likely drive the company toward “being public at some point.” SambaNova’s ties to Intel, a backer since its Series C and a participant in this latest round, have deepened. Five months ago, the nine-year-old startup announced a multi-year partnership with Intel to support AI inference development based on Intel’s Xeon chip. The two now co-develop products and take them to...

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Extracted from this sentence

Its next-generation SN50, unveiled in February 2026, is due to begin shipping to customers in the second half of 2026, with SoftBank as its first deployment partner, Liang noted.

Extracted by Autobound

From the Signal API record
Event
New customer

What this signalsA new customer often means more work to staff, deliver and support.

Stories
2
Product
SN50

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The full record

From the Signal API record

Numbers

Stories about this event
2

Details

Release type
Generation

Topics and mentions

Product tags

  • general technology

Extraction

Confidence
90%
Detected
Jul 8, 2026
signal_type
news
signal_subtype
signs_new_client

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The API returns more than this page shows

This page shows a preview. The full news record in the Signal API and MCP can also have these 8 fields. Some fields are empty for some signals.

Company

  • linkedin_urlValue in the API
  • industriesValue in the API
  • employee_count_lowValue in the API
  • employee_count_highValue in the API
  • revenueValue in the API
  • descriptionValue in the API

Signal

  • signal_nameValue in the API
  • associationValue in the API
Show the full JSONThe record on this page and the API request

GET /v1/signals/569b8559-bae3-54b5-7aa7-8bdada99e793 returns this record as JSON. POST /v1/companies/enrich returns every signal for sambanova.ai.

{
  "signal_id": "569b8559-bae3-54b5-7aa7-8bdada99e793",
  "signal_type": "news",
  "signal_subtype": "signs_new_client",
  "detected_at": "2026-07-08T07:16:00+00:00",
  "company": {
    "name": "SambaNova",
    "domain": "sambanova.ai"
  },
  "data": {
    "url": "https://techcrunch.com/2026/07/08/sambanova-draws-1b-at-11b-valuation-in-series-f-first-close/",
    "title": "AI chip maker SambaNova raises $1B at $11B valuation, 5 months after last mega round",
    "author": "Kate Park",
    "excerpt": "AI chip company SambaNova Systems has raised $1 billion at an $11 billion valuation led by General Atlantic, in a first close of its Series F round, with more investors expected to join soon. “In the next few weeks, a few more investors will be coming in, and the second close is likely to finish up,” Rodrigo Liang, CEO and co-founder of SambaNova, told TechCrunch. The latest round comes roughly five months after the Palo Alto, California-based startup company unveiled its SN50 chip , alongside a $350 million Series E in February . SambaNova had also been in acquisition talks with Intel, a deal valuing it at roughly $1.6 billion, according to a December report from Bloomberg News . Asked whether closing its Series E and F rounds meant SambaNova, founded in 2017, had settled on staying independent, Liang was noncommittal. He said the company keeps fielding interest. “We’re always being approached.” The door is open to such an exit in this dynamic AI market, the CEO said, but momentum and growth will most likely drive the company toward “being public at some point.” SambaNova’s ties to Intel , a backer since its Series C and a participant in this latest round, have deepened. Five months ago, the nine-year-old startup announced a multi-year partnership with Intel to support AI inference development based on Intel’s Xeon chip. The two now co-develop products and take them to market...",
    "product": "SN50",
    "summary": "SoftBank will be the first deployment partner for SambaNova Systems' next-generation SN50 chip, which is due to ship in the second half of 2026.",
    "planning": true,
    "image_url": "https://techcrunch.com/wp-content/uploads/2026/07/chip__1_.png?w=940",
    "confidence": 0.9,
    "product_data": {
      "name": "SN50",
      "full_text": "next-generation SN50",
      "fuzzy_match": false,
      "release_type": "generation"
    },
    "product_tags": [
      "general_technology"
    ],
    "published_at": "2026-07-08T07:16:00Z",
    "article_sentence": "Its next-generation SN50, unveiled in February 2026, is due to begin shipping to customers in the second half of 2026, with SoftBank as its first deployment partner, Liang noted.",
    "related_company_name": "SoftBank",
    "related_company_domain": "softbank.jp"
  }
}

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