Mistral raises €3B as sovereign AI becomes big business
The French AI lab has raised €3 billion at a €21 billion valuation in a Series D round led by Samsung, Scaleup Europe and PSG Equity.
Samsung Electronics
This chip startup just raised $135M on a bet that AI’s biggest bottleneck isn’t compute — it’s memory
South Korean chip startup Xcena is betting that AI’s real bottleneck is not compute, but memory.
AI boom pushes Samsung to $1T
Samsung crossed the $1 trillion valuation mark after shares surged on AI-driven chip demand, making it only the second Asian company after TSMC to hit the milestone.
OpenAI ropes in Samsung, SK Hynix to source memory chips for Stargate
OpenAI has struck agreements with two of the world’s biggest manufacturers of memory chips, Samsung Electronics and SK Hynix, to make DRAM wafers for the Stargate AI infrastructure project, and build data centers in South Korea.