Intel is advancing in direction of a possible acquisition of SambaNova Methods, an AI chip firm, for about $1.6bn, together with debt, in line with a report by Bloomberg Information.
The report cites people conversant in the negotiations who requested anonymity as a result of sensitivity of the knowledge.
Entry deeper trade intelligence
Expertise unmatched readability with a single platform that mixes distinctive information, AI, and human experience.
The events may finalise the settlement in January 2026, though the phrases should be topic to vary.
SambaNova has additionally engaged with different potential traders, having signed preliminary agreements with them.
This acquisition may considerably improve Intel’s AI capabilities by incorporating SambaNova’s specialised chip designs into its portfolio.
In 2021, SambaNova was valued at $5bn in a funding spherical led by SoftBank Group’s Imaginative and prescient Fund 2.
The potential acquisition aligns with Intel’s technique to strengthen its place within the AI sector, the place customised chip options are more and more vital.
Based in 2017 by Stanford College professors, SambaNova concentrates on creating superior AI chips that compete with Nvidia’s choices.
Intel CEO Lip-Bu Tan, who serves as chairman of SambaNova, has been integral since its inception by his enterprise capital agency Walden Worldwide. Walden led a $56m Sequence A funding spherical for SambaNova in 2018.
Based mostly in Palo Alto, California, the corporate has attracted funding from distinguished entities together with SoftBank Imaginative and prescient Fund 2 and BlackRock.
In November 2025, SambaNova partnered with OVHcloud to boost ultra-low latency inference options aimed toward fast processing throughout sectors similar to monetary buying and selling and cybersecurity. This collaboration seeks to deal with the rising demand for sooner information processing capabilities which might be essential in high-stakes environments the place each millisecond counts.
The partnership goals to unlock a variety of use circumstances, doubtlessly bettering operational effectivity and lowering latency-induced errors in important functions. By leveraging SambaNova’s expertise, OVHcloud expects to ship extra responsive and dependable AI-driven options to its purchasers throughout numerous industries.
Moreover, SambaNova secured an settlement in October 2025 with Infercom to deploy its SambaManaged platform for Europe’s first sovereign Inference-as-a-Service providing.
Join our each day information round-up!
Give your enterprise an edge with our main trade insights.
