Informed sources: Intel is negotiating to acquire the artificial intelligence chip startup SambaNova

According to informed sources, Intel Corporation is in preliminary talks to acquire the artificial intelligence chip startup SambaNova Systems. The sources indicated that Intel is currently negotiating acquisition terms with SambaNova; previously, SambaNova had engaged investment banks to reach out to potential acquirers to assess interest from various parties. Due to the confidential nature of the information, these unnamed sources pointed out that if a deal is ultimately reached, the valuation may be lower than the $5 billion valuation it received in its 2021 funding round