The deal has not yet been disclosed and could be initiated as soon as next month, the report added. However, the terms and ...

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

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

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