SambaNova Systems, the company building the industry's most advanced software, hardware and services to run AI applications, today announced a $676 million Series D funding round led by SoftBank Vision Fund 2*. The round includes additional new investors Temasek and GIC, plus existing backers including funds and accounts managed by BlackRock, Intel Capital, GV (formerly Google Ventures), Walden International and WRVI.

This Series D brings SambaNova's total funding to more than $1 billion and rockets its valuation to more than $5 billion.

SambaNova Systems is building the industry's most advanced systems platform to run AI applications from the data center to the cloud and to the edge. Founded in November 2017 in Palo Alto, California by industry luminaries, hardware and software design experts, world-class innovators from Sun/Oracle, and Stanford University. SambaNova Systems' mission is to bring AI innovations that have been developed in advanced research to organizations around the world, helping to create AI for everyone, everywhere.