Meta in talks to buy Korean AI chip startup founded by Samsung engineer
Seoul-based FuriosaAI was founded in 2017 and is led by June Paik, who previously worked at Samsung Electronics and AMD.
Samsung
Samsung Electronics’ profit soars on demand for AI memory chips
Operating profit rose 1,458.2% year-over-year to 10.44 trillion Korean won ($7.6 billion), buoyed by high-bandwidth memory chips.
Samsung Electronics’ fourth-quarter profit slumps on sluggish demand for gadgets
The world’s largest maker of smartphones projected a 35% year-over-year fall in fourth-quarter operating profit on Tuesday. Demand for consumer electronics is weak, crimped by high inflation.
Samsung bans ChatGPT among employees after sensitive code leak
Samsung became the latest in a list of major firms to ban the use of generative AI tools in the workplace amid concerns that it could lead to leaks of sensitive information.