Announced
Completed
Financials
Tags
Software
Cross Border
Private Equity
Private
Completed
Acquisition
Minority
United States
Single Bidder
Friendly
software development
Venture Capital
Synopsis
SoftBank Vision Fund 2 led a $676m Series D round in SambaNova Systems, a computing startup focused on building machine learning and big data analytics platforms, with participation from Temasek, GIC, BlackRock, Intel Capital, GV (formerly Google Ventures), Walden International and WRVI. "We’re here to revolutionize the AI market, and this round greatly accelerates that mission. Traditional CPU and GPU architectures have reached their computational limits. To truly unleash AI’s potential to solve humanity’s greatest technology challenges, a new approach is needed. We’ve figured out that approach, and it’s exciting to see a wealth of prudent investors validate that," Rodrigo Liang, SambaNova CEO.
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