SambaNova raises fresh funding at an $11bn valuation as the Nvidia-alternative trade heats up

SambaNova has raised fresh funding at an $11bn valuation, according to Bloomberg, capping a run in which the AI chip startup has roughly quintupled its worth in a matter of months. The figure is up from the roughly $10bn valuation reported when the round was first taking shape in late June. The speed of the […] This story continues at The Next Web