SambaNova Systems Layoff
12% layoff with 70 affected engineering and sales, gtm individuals
They hired too fast towards the end of the pandemic. With their volume, don't see how that would be sustainable.
Did Cerebras also lay off people recently?
Yes, 25% of the company
Woah. How about Graphcore?
Sambanova and Cerebras were two of the hottest AI startups. If they haven’t got the traction, it’s going to be hard for any AI startup. Photonics startups are the new buzz. We’ll know in a couple of years if they do any better.
You don’t need to wait a couple of years. Photonics startups aren’t going anywhere.
How about Tenstorrent? Any update there?
How is the severance? Do you get to keep stock options after you leave the company?
1 month from what I’ve heard. No accelerated vesting, and you need to either exercise there options or lose them in 90 days after you leave
that sounds like Cerebras severance
Do you work there?
What’s gtm? Engineering meaning arch, design and DV folks?
We’ll they continue today …
It’s just a company-wise pivot to generative AI. Our friends at Nvidia are doing exactly the same thing. @ $fungible jealousy is a poison. Instead of spreading unfounded rumors on an anonymous, if you have nothing better left to do at Intel, come work with us to make real progress. Here is our latest blogpost: https://sambanova.ai/blog/domain-adapted-asr/
You know this is blind and not LinkedIn, right? Anonymous rumors are literally the bread and butter is this place.
Wow! They raised so much money last year. What’s going on?