GlobalData on MSN
Intel pursues SambaNova acquisition amid AI expansion plans
The acquisition may significantly bolster Intel’s AI capabilities through integration of SambaNova’s specialised chip designs ...
Chip giant Intel (NASDAQ: INTC) is reportedly in talks to potentially acquire SambaNova Systems, an AI start-up that was once ...
Intel Corp. is in advanced talks to acquire artificial intelligence chip startup SambaNova Systems Inc. for about $1.6 ...
Market participants are increasingly focused on Intel (NASDAQ:INTC) as the chipmaker is said to be in advanced discussions to ...
Notably, Intel CEO Lip-Bu Tan is currently the chairman of SambaNova Systems. Intel Capital, which Intel is in the process of ...
Facing intense pressure from rivals that dominate the AI accelerator market, Intel is reportedly in advanced discussions to ...
The deal has not yet been disclosed and could be initiated as soon as next month, the report added. However, the terms and ...
AMD and Nvidia ’s growing influence in artificial intelligence hardware has put pressure on Intel, prompting it to pursue the ...
Benzinga on MSN
Intel eyes $1.6B AI chip deal
Intel is in advanced talks to buy AI chip startup SambaNova for about $1.6B, potentially closing next month. SambaNova once ...
Bloomberg, citing unnamed sources, reported that Intel Corp. is in advanced discussions to acquire artificial intelligence ...
A potential acquisition is expected to give Intel ( INTC) a much sought-after platform to help build out its AI portfolio at ...
Bloomberg today cited sources as saying that the discussions are in an advanced stage. It’s believed that an acquisition ...
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