Individuals with inside knowledge of the situation have revealed that Intel is nearing the completion of a deal to acquire SambaNova Systems, a startup specializing in artificial - intelligence chips. Both Intel and SambaNova have already put their signatures on a term sheet. Nevertheless, since regulatory approvals, liability assessments, and in - depth due diligence are still pending, it might take several more weeks or even months before the deal is officially finalized. Rumors about this acquisition first surfaced in October of this year. Should the deal go through, the acquisition price will fall short of the $5 billion valuation that SambaNova achieved during its most recent funding round back in 2021. This valuation reflects the market's confidence in the startup's potential at that time. In the tech - acquisition landscape, such price fluctuations compared to previous valuations are not uncommon, as various factors including market conditions, the acquiring company's strategic goals, and the target company's current performance and future prospects all play a role in determining the final deal value.