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Stock impact report

Intel partners with AI chip startup SambaNova after acquisition talks reportedly failed [CNBC]

T. Rowe Price Group, Inc. (TROW) 
Last t. rowe price group, inc. earnings: 4/28 07:30 am Check Earnings Report
US:NASDAQ Investor Relations: trow.client.shareholder.com
Company Research Source: CNBC
Intel CEO Lip-Bu Tan has been SambaNova's chairman since 2017 and was an early financial backer. SambaNova says its new SN50 chip offers better performance than the graphics cards in Nvidia's B200 systems. In this article SambaNova Systems Welcomes Semiconductor Industry Veteran, Lip-Bu Tan, in an Operational Role as Executive Chairman Source: Business Wire In addition to running Intel , Lip-Bu Tan is chairman of artificial intelligence chipmaker SambaNova, which he first invested in eight years ago. Now Intel is pumping money into the startup as it tries to take on industry leader Nvidia SambaNova, a maker of chips for running generative AI models, has agreed to adopt Intel server chips and graphics cards in a multiyear collaboration, according to a Tuesday release. Intel is also participating in a $350 million funding round, after initially investing in SambaNova in 2019. For years, Nvidia's graphics processing units have been the silicon of choice for AI model compan Show less Read more
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