Intel Nears $1.6 Billion Deal for AI Chip Startup SambaNova
Intel Corp. is in advanced talks to acquire artificial intelligence chip startup SambaNova Systems Inc. for about $1.6 billion including debt, according to people familiar with the matter.A deal for Palo Alto, California-based SambaNova could come together as soon as next month, said the people, who asked not to be identified because the information is confidential....
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