Cyclerion Sets Sept. 4 Record Date for CVR Distribution Tied to Korsana Merger
Cyclerion sets Sept. 4 record date for CVR distribution tied to Korsana mergerCyclerion set Sept. 4, 2026 as the record date for a previously disclosed contingent value rights distribution tied to its
Intel in talks to acquire AI chip startup SambaNova, Bloomberg News reports
UPDATE 2-Intel in talks to acquire AI chip startup SambaNova, Bloomberg News reportsAdds details, background throughout. Oct 30 - Intel INTC.O is in talks to acquire artificial intelligence processor maker SambaNova, which has been working with bankers to gauge interest from potential suitors, Bloomberg News reported on Thursday, citing people familiar with the matter.Any deal would likely value SambaNova at below the $5 billion it fetched in a 2021 funding round, and deliberations are in the early stages and there's no certainty the companies will reach an agreement, Bloomberg reported. A potential deal could boost Intel's AI aspirations, after efforts to gain traction in the AI GPU market with chips positioned as a cheaper alternative to Nvidia's leading processors did not produce results.Intel CEO Lip-Bu Tan's investment firm, Walden International, was among SambaNova's early investors, and the chipmaker's investment arm, Intel Capital, is also an investor. The company has also rec