Intel plans another $15 million in SambaNova chaired by Lip-Bu Tan
Business
Intel is planning to put another $15 million into SambaNova, a chip startup chaired by its own CEO Lip-Bu Tan.
This would bump Intel's ownership to 9%, building on its partnership that was announced in February.
Intel defends governance amid $35 million scrutiny
This isn't Intel's first splash: in February 2026, it put $35 million into SambaNova and also backed other startups linked to Tan, like EPIC Microsystems and OPAQUE Systems.
While some have raised eyebrows about possible conflicts of interest, Intel says it's sticking to strict governance rules and sees these moves as acting in the best interests of the company and its shareholders.