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AI Chip Startup SambaNova Snags $56 Million in Funding

SAN FRANCISCO — Artificial intelligence chip startup SambaNova has taken on $56 million in Series A funding from of investors led by Google’s venture capital arm and Walden International.

SambaNova (Palo Alto, Calif.), founded last year by a pair of Stanford University professors and the former head of processor development at Oracle and Sun Microsystems, is based largely on DARPA-funded research by the two professors on efficient AI processing.

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