Intel to invest another $15 mn in chip startup SambaNova: Report

Intel is planning to invest an additional $15 million in chip startup SambaNova, which is also chaired by its CEO Lip-Bu Tan, Reuters reported. If approved, the investment will raise Intel's stake in SambaNova to 9% from 8.2%, the report said. Intel in February invested $35 million in the startup and announced a "strategic collaboration".