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 ...

Bloomberg today cited sources as saying that the discussions are in an advanced stage. It’s believed that an acquisition ...

Facing intense pressure from rivals that dominate the AI accelerator market, Intel is reportedly in advanced discussions to ...

The acquisition may significantly bolster Intel’s AI capabilities through integration of SambaNova’s specialised chip designs.

According to several US reports, the deal is almost complete: Intel wants to fully acquire the AI chip startup.

Intel (INTC) is in advanced discussion with privately owned SambaNova Systems Inc. to acquire the artificial intelligence ...

AMD and Nvidia ’s growing influence in artificial intelligence hardware has put pressure on Intel, prompting it to pursue the ...

According to WIRED, two people with direct knowledge said Intel and SambaNova signed a nonbinding term sheet and stressed ...

Intel is reportedly in advanced discussions to acquire AI startup SambaNova Systems in a deal worth $1.6 billion, including debt.

Lip-Bu Tan, who was appointed chief executive of Intel in March, is also a longtime venture capitalist. His dual roles have ...

At US$1.6 billion, an acquisition of SambaNova would deliver Intel a long-sought platform to help build out its AI product ...