Stanford-founded AI application platform developer SambaNova has raised $150m in a series B round led by Intel Capital that also featured existing investor GV.
SambaNova Systems, a US-based artificial intelligence (AI) application technology spinout of Stanford University, raised $150m on Monday in a series B round led by Intel Capital, the corporate venturing arm of semiconductor maker Intel.
GV, a corporate venture capital subsidiary of internet and technology group Alphabet, also participated in the round, as did VC firms Walden International and Redline Capital and growth equity firm Atlantic Bridge Ventures.
Founded in late 2017, SambaNova is working on a software platform…