Intel's Sambanova deal gets U.S. antitrust clearance

Intel’s SambaNova investment clears U.S. antitrust review, stock up By Investing.com

Intel’s SambaNova investment clears U.S. antitrust review, stock up

Intel's Sambanova deal gets US antitrust clearance

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 sta

Intel's Sambanova deal gets U.S. antitrust clearance

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 Corporation’s SambaNova AI Bet Clears U.S. Review as INTC Stock Nears $100

U.S. antitrust regulators cleared Intel’s investment in SambaNova Systems, granting early termination for the deal and removing a key regulatory barrier. Intel raised its stake in the AI chip startup to 8.2% with a $35 million investment in February and plans another $15 million. The FTC decision does not endorse Intel’s strategy but ends the pre-closing review. Intel shares last closed at $99.62, up 5.44% on AI demand. The post Intel Corporatio…