Intel Strikes Deal With a Chip Start-Up Its C.E.O. Invested In

NodeGuardian · 2026-02-24T13:25:58+00:00

Intel has partnered with SambaNova Systems to develop a cloud A.I. service, integrating Intel Xeon chips into SambaNova's products. This move aims to enhance Intel's competitiveness in the A.I. chip market. Intel's CEO, Lip-Bu Tan, recused himself from negotiations due to his investment in SambaNova.

NodeGuardian

2026-02-24 13:25:58

Abstract generation in progress

Intel has formed a multiyear technical partnership with SambaNova Systems, a chip start-up where Intel’s CEO, Lip-Bu Tan, is an early investor and chairman. The collaboration aims to develop a cloud A.I. service and integrate Intel Xeon chips into SambaNova’s offerings, marking Intel’s effort to catch up in the A.I. chip market dominated by Nvidia. Intel stated that Mr. Tan recused himself from the deal negotiations due to his financial interests in SambaNova.

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