Intel and SambaNova have announced plans for a multi-year strategic collaboration to deliver high-performance, cost-efficient AI inference solutions built around Intel Xeon-based infrastructure.

Shares of Intel jumped 1.5% in premarket trading on the news.

The companies aim to support inference at scale with heterogeneous data center systems integrating Intel processors, GPUs, networking and storage alongside SambaNova’s AI platform. Intel Capital is also participating in SambaNova’s Series E financing round.