--Intel is in advanced talks to acquire SambaNova Systems for about $1.6 billion including debt, Bloomberg reported, citing people familiar with the matter.

--A deal for the artificial intelligence chip startup may come together as soon as next month, the people said, according to Bloomberg.

--SambaNova could also pursue another path, and has signed term sheets with other potential investors, the people said, according to the report.

--Representatives for Intel and SambaNova declined to comment, Bloomberg said.


Full article at https://www.bloomberg.com/news/articles/2025-12-12/intel-nears-1-6-billion-deal-for-ai-chip-startup-sambanova


Write to kelly.cloonan@wsj.com


(END) Dow Jones Newswires

12-12-25 1904ET