<p>According to informed sources, Intel Corporation is in advanced negotiations to acquire SambaNova Systems Inc. for approximately $1.6 billion (including debt). The deal involving SambaNova could be finalized as early as next month. Acquiring SambaNova will provide Intel with a platform to help expand its artificial intelligence product line. SambaNova was valued at $5 billion in 2021. (Bloomberg)</p>

INTC

<p>Intel Corporation is in deep negotiations to acquire SambaNova Systems Inc. for approximately $1.6 billion, with a deal expected as early as next month. This acquisition will help Intel expand its artificial intelligence product line. SambaNova was valued at $5 billion in 2021</p>

Report: Intel will acquire chip company SambaNova for approximately $1.6 billion