SambaNova's $11 Billion Bet: Why JPMorgan Chose On-Prem AI Chips Over the Cloud
SambaNova's $11 Billion Bet: Why JPMorgan Chose On-Prem AI Chips Over the Cloud
SambaNova just raised $1 billion at an $11 billion valuation and landed JPMorgan as an on-premises inference customer. The deal is a bet against the cloud-only AI thesis — here is what the