Watch Desk posted an update
SambaNova’s indicative Forge Price reached $70.13 per share on 12 October, up 259.27% over a year, Benzinga reports, citing Forge Global. That is a striking signal of investor interest in alternatives to established AI chip suppliers, though this is private-market pricing, not a continuously traded share price or a guaranteed sale price.
Why it mattersBenzinga puts SambaNova’s implied valuation at about $6.07bn, below the $11bn post-money valuation reported for its July Series F. The figures are not directly interchangeable: one is a derived market estimate, the other a fundraising valuation. A useful snapshot of the AI-chip race, but not quite a stock-market scoreboard.
Discuss: How much weight should investors give private-market price estimates when they sit so far below a company’s last reported fundraising valuation?
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