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flag Intel negotiates $1.6B deal to acquire AI chipmaker SambaNova amid competitive pressures.

flag Intel is in advanced talks to acquire AI chip startup SambaNova Systems for about $1.6 billion, including debt, according to sources, with a deal potentially closing next month. flag The move aims to bolster Intel’s AI hardware capabilities amid fierce competition. flag SambaNova, founded by Stanford professors, has explored other options, and no agreement is final. flag Both companies declined to comment.

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