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Intel to invest $15M in SambaNova, Reuters reports

Intel (INTC) is planning to invest another $15M in SambaNova, a chip startup chaired by Intel CEO Lip-Bu Tan, Jeffrey Dastin and Max Cherney of Reuters reports, citing a Reuters review of corporate records. This investment would increase Intel’s ownership in SambaNova to 9% and follows a $35M investment Intel made in the company in February.

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