SambaNova Systems

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SambaNova Systems Valuation and Overview

SambaNova Systems
Sectors
AI, Data, Cloud & Infra, SaaS
Headquarters
2200 Geng Road, Unit 100, Palo Alto, California, USA
CEO
Rodrigo Liang
SambaNova Systems raised $676.0M in a Series D-1 at a $95.01804 price per share, amounting to a post-money valuation of $5.0B on April 9, 2021. PM Insights data indicates that SambaNova Systems's shares have been trading at an 57.58% discount to their Series D-1 Valuation based on institutional secondary market activity.
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Series D-1 Valuation
Latest funding round
$5.0B
XXXXX
2021-04-09
XX-XX-XXXX
AV Implied Valuation
$2.12B
2025-02-24
AV Implied Valuation
XXXXX
XX-XX-XXXX
Change since Last Round
-57.58%
2021-04-09 ➞ 2025-02-24
Change since Last Round
XXXXX
XX-XX-XXXX
Secondary Activity
Medium
XXXXX
Volume
36.23M
XXX
(90 day period)
Bid
XXX
Ask
XXX
Bid
33.8M
Ask
2.43M

“AI is changing the world and at SambaNova, we believe that you don’t need unlimited resources to take advantage of the most advanced, valuable AI capabilities – capabilities that are helping organizations explore the universe, find cures for cancer, and giving companies access to insights that provide a competitive edge.”

SambaNova, co-founded by Kunle Olukotun, Rodrigo Liang and Chris Re in 2017 in Palo Alto, California, delivers advanced AI infrastructure by combining custom-designed hardware, integrated software, and pre-trained models. This comprehensive approach enables enterprises and government agencies to deploy large-scale AI workloads efficiently, whether on-premise or through dedicated cloud solutions. The company’s mission is to simplify AI adoption while ensuring robust performance and data security across industries

Business Model

SambaNova Systems is a Silicon Valley-based AI computing company offering a full-stack AI platform that combines custom hardware, software, and pre-trained models to support advanced AI (such as large language models) in enterprise environments. SambaNova’s mission is to deliver enterprise-grade AI infrastructure that organizations can deploy on-premises or via cloud services for high-performance AI workloads​.

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SambaNova DataScale

DataScale is a fully integrated system that combines SambaNova’s custom Reconfigurable Dataflow Unit (RDU) chips, large memory architecture, and software stack. By using a dataflow architecture rather than traditional GPU-style processing, DataScale can execute AI workloads with higher parallelism and efficiency.

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SambaNova Suite

The SambaNova Suite refers to the comprehensive platform that includes the DataScale hardware plus integrated software and models for generative AI and can be deployed on-premises (with physical DataScale units) or in the cloud, giving customers flexibility​.

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SambaNova's Growth Timeline

SambaNova and Competition

SambaNova Systems is a leading innovator in AI infrastructure, competing with industry giants like NVIDIA, Cerebras, Graphcore, and Groq. Unlike NVIDIA, which dominates the AI market with its powerful GPUs and extensive software ecosystem, SambaNova differentiates itself with its full-stack AI platform, offering integrated hardware, software, and pre-trained models optimized for enterprise deployment. Cerebras, known for its massive wafer-scale chip, excels in training ultra-large AI models, while Graphcore’s Intelligence Processing Unit (IPU) focuses on parallel AI processing for high-speed computation. Groq, on the other hand, specializes in ultra-low-latency AI inference, targeting real-time AI applications. SambaNova's Dataflow architecture and memory-rich design allow it to efficiently handle large-scale AI workloads, offering an alternative to traditional GPU-based solutions. By combining cutting-edge hardware with an AI-as-a-Service model, SambaNova aims to simplify AI adoption for enterprises, competing not just on raw performance but on ease of use, efficiency, and scalability in the rapidly evolving AI market.

The table below is a replica of the table that was published by Karl Freund, Founder and Principal Analyst at Cambrian-AI Research LLC, to show the competitive landscape of AI chip vendors. To read the full Forbes article titled "AI Chip Vendors: A Look At Who's Who In The Zoo In 2024," click here.

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