Argonne National Laboratory/Handout via REUTERS/File Photo Acquire Licensing RightsSept 19 (Reuters) - Artificial intelligence chip startup SambaNova Systems announced a new semiconductor on Tuesday, designed to allow its customers to use higher quality AI models at a lower overall cost. Security, accuracy and privacy are all areas that AI technology must be designed differently to be useful for enterprise customers. Nvidia (NVDA.O) dominates the market for AI chips, but a surge in demand triggered by interest in generative AI software made the coveted chips difficult for some companies to obtain. The new SambaNova chip is capable of powering a 5 trillion parameter model, and includes two advanced forms of memory. The company said that its combination of hardware enables customers to run larger AI models without trading size for accuracy.

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Persons: ChatGPT, Rodrigo Liang, Liang, Max A, Michael Perry Organizations: U.S . Department of Energy’s, U.S . Department of Energy’s Argonne National Laboratory, Argonne National Laboratory, REUTERS, Systems, Palo, Nvidia, Intel, Devices, Taiwan Semiconductor Manufacturing Company, Thomson Locations: U.S . Department of Energy’s Argonne, Lemont , Illinois, U.S, Palo Alto , California, San Francisco