- SambaNova will use its latest injection to aggressively challenge legacy competitors
- This Series D brings SambaNova’s total funding to more than $1 billion and rockets its valuation to more than $5 billion
Rodrigo Liang, SambaNova co-founder and CEO said, “We’re here to revolutionize the AI market, and this round greatly accelerates that mission. Traditional CPU and GPU architectures have reached their computational limits. To truly unleash AI’s potential to solve humanity’s greatest technology challenges, a new approach is needed. We’ve figured out that approach, and it’s exciting to see a wealth of prudent investors validate that.”
Enterprise-level AI initiatives
SambaNova’s flagship offering is Dataflow-as-a-Service (DaaS), a subscription-based, extensible AI services platform designed to jump-start enterprise-level AI initiatives, augmenting organisations’ AI capabilities and accelerating the work of existing data centers, allowing the organization to focus on its business objectives instead of infrastructure.
It said, “At the core of DaaS is SambaNova’s DataScale, an integrated software and hardware systems platform with optimized algorithms and next-generation processors delivering unmatched capabilities and efficiency across applications for training, inference, data analytics, and high-performance computing. SambaNova’s software-defined-hardware approach has set world records in AI performance, accuracy, scale, and ease of use.”
