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Intel in Advanced Talks to Buy SambaNova for About $1.6 Billion

Reports point to a January close, with SambaNova still considering signed term sheets from other investors.

Overview

  • Bloomberg-reported negotiations value the Palo Alto startup at roughly $1.6 billion including debt.
  • People familiar with the process say an agreement could be finalized in January 2026, though terms remain subject to change.
  • SambaNova has signed preliminary agreements with alternative investors, preserving options beyond a sale to Intel.
  • Founded in 2017 by Stanford professors, SambaNova builds AI accelerators and systems positioned against Nvidia and was valued at $5 billion in 2021.
  • Intel CEO Lip‑Bu Tan chairs SambaNova and his firm Walden International led its $56 million Series A in 2018, prompting governance scrutiny around the talks.