SambaNova, an AI infrastructure company founded in 2017 in San Jose, California, has successfully closed a $1 billion Series F financing round, valuing the company at $11 billion. The company is known for delivering a comprehensive AI platform that includes custom chips, systems, and cloud services, designed to support a wide range of users including developers, enterprises, governments, and data centers. Co-founded by Stanford University professor and Chief Technologist Kunle Olukotun, SambaNova aims to provide advanced AI inference capabilities with superior performance, reduced costs, and rapid deployment times.

The Series F round was strategically led by General Atlantic, with significant contributions from investors such as Seligman Ventures, T. Rowe Price Associates Inc., and Capital Group, alongside participation from companies like BlackRock, Intel Capital, and Qatar Investment Authority. General Atlantic’s co-president Martín Escobari emphasized the market relevance of SambaNova’s technology, highlighting its role in transforming enterprise AI infrastructure through fast and efficient inference solutions. SambaNova CEO Rodrigo Liang noted the funding round as a reflection of the importance of inference in the evolving AI landscape.

With this new capital, SambaNova plans to expand its product innovation, increase capacity, and broaden its deployments across enterprises, sovereign AI customers, neo-clouds, and service providers globally. The company will continue to invest in developing its chip architectures, system designs, and full-stack software to maintain its leadership in the AI infrastructure space. A key recent development includes the deployment of SambaNova’s SN40 and SN50 systems at JPMorganChase, where the company will provide inference infrastructure meeting stringent demands for performance, control, and security in enterprise AI workloads.

The involvement of prominent investors and the strategic deployment partnership with JPMorganChase underscore SambaNova’s growing influence in AI infrastructure. Kunle Olukotun, a pioneer in chip multiprocessor designs and a notable figure in AI hardware innovation, envisions SambaNova’s chips as critical components in the future of heterogeneous and disaggregated AI data centers. This $1 billion financing milestone positions SambaNova as a vital player in shaping the next generation of AI technologies that power modern enterprises and industries.