The startup took nine years to reach $2 billion.
State of the markets today:
1. SambaNova took 9 years to go from 0 to 2B valuation. 4 months to go from 2B to 10B.
2. Kalshi took 8 years to go from 0 to 20b. 2 months to go from 20b to 40b.
It’s the best of times. It’s the worst of times.
Some users dismissed SambaNova's valuation jumps by comparing the company unfavorably to failed startups like Juicero and Bird.
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@gokulr what about Magic Leap
Scoop with @validapau on SambaNova's quintupled valuation. Lots of details (link in comment), including how it's position vs. Nvidia now:
@gokulr My next Strategy!!
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@korovkinDV @gokulr I share my trades in the fan group every day.
@jrichlive @gokulr Three-horse race w/Juicero and Bird
1/ Know more? What'd we miss? phoebe.liu@theinformation.com, +1.678.834.4200 on WhatsApp/Signal
https://www.theinformation.com/articles/intel-backed-ai-chip-firm-sambanova-quintuple-valuation-10-billion
@gokulr Nine years to build, four months to reprice. Sovereign and enterprise compute budgets drove the second number. Buyers shifted from evaluating potential to securing supply.
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