Chip startup SambaNova raised a $1B Series F led by General Atlantic at an $11B valuation and signs JPMorgan as a customer to deploy its chips for in-house AI (Bloomberg)

Techmeme ·

SambaNova raised $1B at an $11B valuation and landed JPMorgan as a major in-house AI chip customer.

Categories: Money & Moves

Excerpt

<a href="https://www.bloomberg.com/news/articles/2026-07-08/ai-chip-startup-sambanova-raises-funds-at-11-billion-valuation"><img align="RIGHT" border="0" hspace="4" src="http://www.techmeme.com/260708/i10.jpg" vspace="4" /></a> <p><a href="https://www.techmeme.com/260708/p10#a260708p10" title="Techmeme permalink"><img height="12" src="http://www.techmeme.com/img/pml.png" style="border: none; padding: 0; margin: 0;" width="11" /></a> <a href="https://www.bloomberg.com/">Bloomberg</a>:<br /> <span style="font-size: 1.3em;"><b><a href="https://www.bloomberg.com/news/articles/2026-07-08/ai-chip-startup-sambanova-raises-funds-at-11-billion-valuation">Chip startup SambaNova raised a $1B Series F led by General Atlantic at an $11B valuation and signs JPMorgan as a customer to deploy its chips for in-house AI</a></b></span>&nbsp; &mdash;&nbsp; Chip startup SambaNova Systems Inc. has raised $1 billion at an $11 billion valuation, underscoring investors' conviction &hellip; </p>

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