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Startup Talk
The people who built United States's companies · November 2026

AI chips, systems and inference cloud

SambaNova

Pairing two Stanford ideas, a dataflow chip and software that maps models onto it, then selling it as a service so customers did not need to buy or run hardware.

Kunle Olukotun
Kunle Olukotun. Photograph: Helleski, CC BY-SA 4.0, via Wikimedia Commons

Rodrigo Liang has been described on a Silicon Valley Leadership Group page as one of the few, if not the only, Brazilian immigrants to raise more than a billion dollars in venture capital. It is an odd line to find on a speaker listing, and it points at a background most profiles skip.

One source says he was born in Taipei and grew up in Brazil. That claim appears in a single place, a World Economic Forum author page, and has not been confirmed. The same source links the company's name, Portuguese for a new dance, to the Brazil he knew. He went on to Stanford, where he earned a bachelor's and a master's degree in electrical engineering.

That claim appears in a single place, a World Economic Forum author page, and has not been confirmed.

He started at Hewlett-Packard, then joined Sun Microsystems through Afara Websystems, which Sun bought in 2002. There he worked on the multi-core Niagara processors. When Oracle took over Sun in 2010 he became a senior vice president, running SPARC processor and chip development.

What he did next was go back to his old campus. In November 2017 he started SambaNova with two Stanford professors, Kunle Olukotun and Chris Re. The chips came from Olukotun's work on parallel hardware and the software ideas from Re.

The money followed quickly: $56 million in a first round from Walden and GV, $150 million from Intel and Alphabet in 2019, and in April 2021 a $676 million round led by SoftBank Vision Fund 2 at more than $5 billion.

Then the hard part. Selling chips against Nvidia is a grind, and the company shifted toward cloud services and AI inference. Trade-press headlines in 2025, which were not read in full, spoke of stalled fundraising, a possible sale, and an Intel acquisition plan. Wikipedia now reports a $350 million round in February 2026 and a first close of $1 billion in July 2026 at an $11 billion valuation.

He has not said much publicly about his own upbringing in anything read here, so the human story is mostly implied. A founder who arrives from somewhere else often carries two advantages: they have had to learn how a system works from outside, and they are used to building with people who do not share their assumptions. A chip company stitched together from two professors and a former Oracle executive is a good test of that.

The Chronology year by year

  1. 2017
    • founded Nov
  2. 2019
    • Intel and Alphabet money
  3. 2021
    • $676M round
  4. 2023
    • SN40L chip
  5. 2024
    • Samba-1
  6. 2026
    • SN50 chip unveiled, $350M and $1B rounds, JPMorgan deal (Jul 2026); reported stalled fundraising and sale exploration around 2025 (headline of The Information, article not read)

The Money Trail how it was funded

  1. 2018 Series A $56M (Walden International, GV)
  2. 2019 $150M (Intel, Alphabet)
  3. 2020 $250M
  4. Apr 2021 $676M led by SoftBank Vision Fund 2 (Temasek, GIC) at over $5B
  5. Feb 2026 $350M led by Vista Equity Partners and Cambium Capital
  6. Jul 2026 Series F first close $1B led by General Atlantic at $11B (Wikipedia)

Principal backers: SoftBank Vision Fund 2, GV, Walden, Intel Capital, Temasek, GIC, Vista, General Atlantic

The Close Calls what nearly broke it

  • Reported stalled fundraising and exploring a sale (The Information headline, not read); an Intel acquisition plan reported by Wired headline; a shift from chip sales toward cloud inference; competing with Nvidia

In Their Own Words from the record

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Startup Talk · Preview edition · Figures are from public sources and may be out of date