According to recent media reports, Intel (INTC) is on track to acquire AI chip startup SambaNova. SambaNova offers a full-stack AI platform that helps run AI applications both on private clouds and in data centers. Rumors around the deal started in October, but they seem to be getting more credible as time passes, especially with the two companies already having an existing relationship. Lip Bu-Tan, who is the CEO of Intel, is also the executive chairman of SambaNova. Intel Capital has already made an in ...

Core Perspective - OpenAI is making a strategic investment in AMD, potentially acquiring a 10% equity stake, which contrasts with Nvidia's previous investment in OpenAI, indicating a shift towards performance-based equity in the chip industry [1] Group 1: Investment Dynamics - The deal represents a closed loop of capital, compute, and equity, with OpenAI at the center, orchestrating the flow between chip suppliers like Nvidia and AMD [1] - OpenAI's investment in AMD allows it to diversify its chip supply, moving beyond Nvidia and creating a more robust ecosystem for its applications [1][1] Group 2: Strategic Goals - OpenAI aims to build its own chips and data centers to strengthen its competitive position against rivals like Anthropic and hyperscalers such as Google and Meta [1] - The company is also focused on monetizing its applications through an app store, which is part of its broader strategy to generate revenue and leverage its relationships with chip manufacturers [1][1]