Intel Corp. is in advanced talks to acquire artificial intelligence chip startup SambaNova Systems Inc. for about $1.6 ...
Notably, Intel CEO Lip-Bu Tan is currently the chairman of SambaNova Systems. Intel Capital, which Intel is in the process of ...
The acquisition may significantly bolster Intel’s AI capabilities through integration of SambaNova’s specialised chip designs.
Bloomberg, citing unnamed sources, reported that Intel Corp. is in advanced discussions to acquire artificial intelligence ...
Facing intense pressure from rivals that dominate the AI accelerator market, Intel is reportedly in advanced discussions to ...
AMD and Nvidia’s growing influence in artificial intelligence hardware has put pressure on Intel, prompting it to pursue the ...
Bloomberg today cited sources as saying that the discussions are in an advanced stage. It’s believed that an acquisition ...
The deal has not yet been disclosed and could be initiated as soon as next month, the report added. However, the terms and ...
According to several US reports, the deal is almost complete: Intel wants to fully acquire the AI chip startup.
A potential acquisition is expected to give Intel ( INTC) a much sought-after platform to help build out its AI portfolio at ...
Intel is reportedly in advanced discussions to acquire AI startup SambaNova Systems in a deal worth $1.6 billion, including ...