US regulators clear Intel investment in SambaNova
Federal regulators completed their review of Intel's $35 million investment in the chip startup SambaNova. The deal increases Intel's stake to 8.2 percent.
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INTEL CORP secured United States antitrust clearance for its $35 million investment in AI chip startup SambaNova. The February injection increased Intel's stake to 8.2% from 6.8% last year. The deal deepens Intel's exposure to specialized AI hardware while its CEO Lip-Bu Tan chairs the startup.
