AI Startup SambaNova Seeks Up to $500 Million Funding After Intel Talks Stall

Artificial intelligence startup SambaNova Systems Inc. is considering raising up to $500 million after talks to sell to Intel Corp. stalled, according to people familiar with the matter.

SambaNova is now seeking $300 million to $500 million from other tech companies and semiconductor makers, among other investors, said the people, who asked to not be identified because the details aren’t public.