Intel Deepens SambaNova Bet With Fresh $15 Million Investment, Raising Stake As CEO Lip-Bu Tan's Startup Ties Spark Conflict Concerns: Report [Yahoo! Finance]
Intel Corporation (INTC)
Last intel corporation earnings: 4/23 04:07 pm
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Source: Yahoo! Finance
The move that would raise its ownership to about 9%, Reuters reported on Wednesday, citing corporate records. The chipmaker had already invested $35 million in February 2026, increasing its stake to 8.2% from 6.8% a year earlier. The companies also announced a strategic collaboration earlier this year. SambaNova develops chips tailored for powering generative AI models. Don't Miss: High-net-worth individuals often rely on financial advisors to guide key decisions— this short quiz helps connect you with one based on your goals, at no upfront cost This Energy Storage Company Already Has $185M in Contracts—Shares Are Still Available CEO-Linked Startup Deals Raise Governance Questions The investment is part of a broader pattern. Intel has recently backed multiple startups tied to its CEO, Lip-Bu Tan , a longtime venture capitalist whose funds have stakes in several of these firms. These include OPAQUE Systems EPIC Microsystems and 3D Glass Solutions Corporate governan
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