SambaNova Systems secures 350 million dollars in funding and forms strategic partnership with Intel
SambaNova will use the funds to expand its SN50 chip and SambaCloud platform. SoftBank Corp is set to be the first customer to deploy the new AI hardware.
Insights:
SambaNova Systems announced on February 24, 2026, that it has successfully raised $350 million in a new funding round and signed a multi-year partnership with Intel Corporation to deliver AI inference solutions. The financing round was led by Vista Equity Partners and Cambium Capital, with additional participation from Intel Capital. This strategic combination of capital and supplier collaboration is intended to accelerate the deployment of SambaNova’s hardware and software offerings amid a period of surging global demand for inference chips, a sector where NVIDIA Corporation maintains a significant presence.
