Intel’s Sambanova deal gets US antitrust clearance
US antitrust authorities have completed their review of Intel’s investment in SambaNova, a chip startup chaired by Intel CEO Lip-Bu Tan, according to a regulatory notice circulated on Friday.
Intel put $35 million into SambaNova in February, which, along with other financing, boosted Intel’s stake in the startup to 8.2% from 6.8% last year.
Intel has planned to invest another $15 million in SambaNova, Reuters reported on April 1.
