Intel plans to acquire AI chip company SambaNova.

Insiders said that Intel is in talks to acquire the artificial intelligence chip manufacturer SambaNova. SambaNova has previously worked with bankers to evaluate potential acquirers' intentions. Reports suggest that any deal for SambaNova could value it at less than the $5 billion valuation it received in its 2021 funding round. The negotiations are still in the early stages, and it is uncertain whether both parties can reach an agreement.