0
Startups & Venture·June 24, 2026·1 min read

SambaNova Executive Chairman Lip-Bu Tan says the AI chip startup is set to raise $800M to $1B, sources say at a ~$10B valuation, up from $2B in February

Share

A 5x valuation jump to ~$10B and an $800M–$1B raise for SambaNova underscores how capital is crowding into Nvidia alternatives at the server level. For AI builders, this is leverage—use the growing field of GPU and accelerator vendors to negotiate better access, pricing, and roadmap influence over the next 12–24 months.