SambaNova today announced it has completed the first close of $1 billion in strategic financing as part of a Series F round, valuing the company at $11 billion post money. This latest financing round was led by General Atlantic, a leading global investor, with significant investment from Seligman Ventures, T. Rowe Price Associates, Inc., and Capital Group. New and existing investors include A&E Investment, Assam Ventures, Battery Ventures, BlackRock, Intel Capital, Qatar Investment Authority (QIA), Vista Equity Partners and others.
SambaNova raises $1B Series F at $11B valuation led by General Atlantic.
JPMorganChase selects SambaNova as inference infrastructure partner.
Proceeds to expand capacity, accelerate product innovation, and scale deployments.
Company unveiled SN50 chip and announced $350M+ raise with Intel earlier this year.
Purpose-built RDU architecture for premium inference and agentic AI.
SambaNova is based in San Jose, California.
Rodrigo Liang, co-founder and CEO of SambaNova, stated: "SambaNova's $11 billion valuation highlights the central role that fast inference now plays in the enterprise AI stack."
Martín Escobari, Co-President and Head of Global Growth Equity at General Atlantic, added: "SambaNova's platform is differentiated, built for a market where inference has become foundational to enterprise and industry transformation. Rodrigo and the team are driving deep technical innovation to achieve growing commercial momentum while demand for inference is accelerating well ahead of supply."
SambaNova also announced that JPMorganChase has selected the company as an inference infrastructure partner, deploying its SN40 and SN50 systems to power secure, on-prem AI inference for the firm. Darrin Alves, CIO, Infrastructure Platforms at JPMorganChase, stated: "At JPMorganChase, AI infrastructure has to meet a very high bar for performance, control and reliability. We're excited to deploy SambaNova's RDU architecture and looking forward to testing its speed and security for on-prem inference in our demanding enterprise AI workloads."
Umesh Padval, Managing Partner at Seligman Ventures and Board Observer at SambaNova, stated: "We're excited to partner with Rodrigo and the SambaNova team as they build a category-defining AI infrastructure platform at a moment when enterprise AI is shifting from training to production deployment. As AI moves into production, lowering cost per token while maintaining performance and efficiency will be critical for enterprise adoption."
The influx of capital comes at a time of accelerating momentum for SambaNova. In recent months, the company has expanded its global customer footprint, advanced its collaboration with Intel on heterogeneous inference, and unveiled its SN50 chip. SambaNova will use the proceeds to expand capacity, accelerate product innovation, and scale deployments for enterprises, neo-clouds, sovereign AI customers, and service providers worldwide.
About SambaNova
SambaNova is a leader in next-generation AI infrastructure, providing a full-stack platform that powers premium inference for enterprises, neo-clouds, AI labs, service providers, and sovereign AI initiatives worldwide. Founded in 2017 and headquartered in San Jose, California, SambaNova delivers chips, systems, and cloud services that enable customers to deploy state-of-the-art models with superior performance, lower total cost of ownership, and rapid time to value.
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