Samsung’s profits are expected to grow 18-fold due to strong demand for memory from AI
As the AI boom continues to pressure memory supply and drive up chip prices, Samsung Electronics. Operational profit is expected...
AI
OpenAI suggests giving the US government a 5% share
According to the Financial Times, OpenAI is in negotiations to perhaps give the Trump administration a 5% share in the...
SpaceX Signs Supply Agreement with Reflection AI Worth Up to 6,300 million dollars
SpaceX, an aerospace and artificial intelligence (AI) business, and Reflection AI signed a processing capacity supply agreement. The third of...
OpenAI, Meta, Google, Anthropic, and other directives add up to the G7
Executives from twelve technology platforms, including OpenAI, Meta, Google, Anthropic, Salesforce, and Mistral AI, are participating this Wednesday. In a...
In its first corporate bond offering in five years, Nvidia plans to raise $20 billion
According to a source who spoke to Reuters on Monday, Nvidia plans to raise $20,000 million through a bond issue...
After Samsung and Micron’s AI chip explosion, SK Hynix joins the trillion-dollar club
Thanks to the AI-driven boom, SK Hynix's market value crossed $1 trillion for the first time on Wednesday. Joining rivals...
Spotify will provide a tool for employing generative AI to create song remixes and reworks
Spotify, a music streaming service, announced on Thursday that it has partnered with Universal Records. The tool will provide to...
This week, OpenAI may submit an IPO to compete with Musk’s SpaceX
ChatGPT’s creator, OpenAI, is aiming for a public debut in September, the Wall Street Journal reported on Wednesday. Days after...
Elon Musk’s lawsuit against OpenAI is dismissed
In Elon Musk's case against OpenAI, a U.S. jury found on Monday that the artificial intelligence firm is not accountable...
Apple is negotiating to produce chips in the US with Samsung and Intel
Apple held preliminary discussions about the possibility of using Samsung Electronics and Intel to produce the primary processors for its...
