Sources: AI chip startup SambaNova is raising a $350M+ Series E led by Vista Equity Partners; Intel plans to invest $100M to $150M (Reuters)

Reuters:
Sources: AI chip startup SambaNova is raising a $350M+ Series E led by Vista Equity Partners; Intel plans to invest $100M to $150M  —  Private equity firm Vista Equity Partners is leading a new funding round of over $350 mill…

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Nvidia stock closes up 7.87% after Jensen Huang said the tech industry’s surging capex for AI infrastructure is justified, appropriate, and sustainable (Kif Leswing/CNBC)

Kif Leswing / CNBC:
Nvidia stock closes up 7.87% after Jensen Huang said the tech industry’s surging capex for AI infrastructure is justified, appropriate, and sustainable  —  The tech industry’s surging capital expenditures for AI in…

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