Aiming to bring AI to everyone everywhere, SambaNova Systems was founded in 2017 in Palo Alto, California.
The company wants to create the next generation of computing, with the mission to bring AI innovations developed in advanced research to organisations around the world. The company was established by hardware and software design experts with ‘world-class’ innovators from Sun/Oracle and Stanford University.
With AI becoming a business necessity in the global economy, customers need complete AI solutions that can run at scale in a financially viable way.
SambaNova’s flagship Dataflow-as-a-Service, an extensible AI services platform, enables organisations to jump-start AI initiatives overnight by augmenting existing capabilities and staffing with a simple subscription. The platform is powered by DataScale, an integrated software, and hardware platform delivering unrivaled performance, accuracy, scale and ease of use built on SambaNova Systems’ Reconfigurable Dataflow Architecture.
“We are at the cusp of a fairly large shift in the computer industry. It’s been driven by AI, but at a macro level, over the next 20-30 years, the change is going to be bigger than AI and machine learning,” Rodrigo Liang, Co-founder and CEO, SambaNova Systems.
Unleashing AI’s true potential
SambaNova Systems’ latest funding round, April 2021, was led by SoftBank Vision Fund 2 and raised $676 million. This Series D brings SambaNova’s total funding to more than $1 billion and its valuation to more than $5 billion.
“We’re here to revolutionise the AI market, and this round greatly accelerates that mission,” said Rodrigo Liang, SambaNova co-founder and CEO.
“Traditional CPU and GPU architectures have reached their computational limits. To truly unleash AI’s potential to solve humanity’s greatest technology challenges, a new approach is needed. We’ve figured out that approach, and it’s exciting to see a wealth of prudent investors validate that.”
Recognised for their work in AI
SambaNova continues to collect accolades throughout the industry, including:
- VentureBeat AI Innovation Award for Edge AI 2021
- 2021 Gartner Cool Vendor for AI Semiconductors
- CogX Awards 2021 Winners: Best AI Product in Next-Generation Infrastructure
- The Tech Tribune: 2021 Best Tech Startups in Palo Alto
- The Alconics 2020 Award for Best Innovation in AI Hardware
- The 10 Coolest AI Chip Startups of 2020
- The 20 Coolest Tech Startups of 2020
- GSA 2019 Winner for Start-Up to Watch Award
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