SambaNova was valued at $11 billion after a $1 billion round led by General Atlantic, CNBC reported on July 8, and its CEO said the company is strongly considering a U.S. IPO in 2027. Crunchbase also reported that Etched secured $500 million led by Stripes at a $5 billion valuation, though only a single report was available, and South Korea's Rebellions raised $400 million at a $2.34 billion valuation in March as it prepares for an IPO.
The market for inference chips is now large enough to support multiple venture-backed challengers, helped by Cerebras's $5.5 billion IPO in May.
Source: CNBC