Intel is reportedly eyeing a major acquisition under its new leadership, with a potential takeover of the AI startup SambaNova, which could prove massive for the firm's AI ambitions.
Intel's Potential SambaNova Acquisition Would Equip the Firm With an Independent End-to-End AI Ecosystem
Well, for those unaware, Intel is in talks to acquire the AI firm SambaNova, and it has contacted bankers to arrange the financial means for the transaction, according to a report by Bloomberg . The selection of SambaNova here tells us a lot about what to expect from Intel and AI moving forward. However, it has been revealed that this acquisition could cost Intel at least $5 billion, which is the valuation of SambaNova following its most recent funding round in 2021. The purchase of an AI firm could spe

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