SambaNova Abandons Intel Acquisition, Raises Funding Instead

By Sally Ward-Foxton, EE Times | February 26, 2026

SambaNova has joined forces with Intel, but contrary to earlier reports that the AI chip startup was to be acquired by Team Blue for around $1.6 billion, the two companies have instead decided on a multi-year partnership, with Intel also making a strategic investment as part of SambaNova’s $350-million E-round.

SambaNova also announced a new chip, the SN50, designed for economic agentic inference at scale. This chip features new interconnect technologies that allow more chips to be connected in a single memory space, with increased computing power and the same memory capacity and hierarchy as SambaNova’s previous inference-focused chip, the SN40L.

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