The Stanford-linked artificial intelligence technology developer doubled its valuation to $5.1bn in a round led by SoftBank Vision Fund 2.

SambaNova Systems, a US-headquartered artificial intelligence software spinout of Stanford University, raised $676m in a series D round led by internet and telecommunications group SoftBank’s Vision Fund 2 yesterday. The round included Intel Capital and GV, corporate venturing subsidiaries for semiconductor and data technology provider Intel and internet and technology group Alphabet respectively, and it…

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