Intel's Sambanova deal gets US antitrust clearance
FILE PHOTO: Intel CEO Lip-Bu Tan makes a speech on stage in Taipei, Taiwan May 19, 2025. REUTERS/Ann Wang/File Photo
May 1 : U.S. 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 per cent from 6.8 per cent last year.
Intel has planned to invest another $15 million in SambaNova, Reuters reported on April 1.
Source: Reuters
