July 8 : AI chip startup SambaNova said on Wednesday it has raised $1 billion in a late-stage funding round led by General Atlantic at an $11 billion post-money valuation.The company makes custom chips, hardware systems and cloud services tailored for inference - the process by which models respond to user q

JPMorganChase to deploy RDUs for on-prem inference

SambaNova Systems closed a $1 billion funding round at an $11 billion valuation, fueling its push to challenge Nvidia in AI inference hardware.