Intel's Sambanova deal gets US antitrust clearance
United States antitrust authorities have finished reviewing Intel's investment in SambaNova. Intel invested $35 million in the chip startup, increasing its stake. This move follows a previous investment and a planned additional $15 million. The re...
By Reuters |
US antitrust authorities have completed their review of Intel's investment in SambaNova, a chip startup chaired by Intel CEO Lip-Bu Tan, according to a regulatory notice circulated on Friday.
Intel put $35 million into SambaNova in February, which, along with other financing, boosted Intel's stake in the startup to 8.2% from 6.8% last year.
Intel has planned to invest another $15 million in SambaNova, Reuters reported on April 1.
Intel put $35 million into SambaNova in February, which, along with other financing, boosted Intel's stake in the startup to 8.2% from 6.8% last year.
Intel has planned to invest another $15 million in SambaNova, Reuters reported on April 1.
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