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Majestic Labs emerges with $100M to solve AI memory bottleneck and rival Nvidia's servers
Majestic Labs has emerged from stealth with $100 million in funding, a $10 million seed round, and $90 million Series A round. The company's cofounder and CEO, Ofer Schacham, is an Israeli who lived ...
Korea JoongAng Daily on MSN
Gov't outlines 7 trillion won plan to build chip cluster as Korea races to become global AI powerhouse
President Lee Jae Myung announced a $476 billion investment to enhance Korea's AI chip industry, aiming for balanced growth ...
Oversubscribed financing round consisting of €77 million in Series C equity capital, led by HV Capital and DTCF, and €23 million in public funding, marking one of the largest capital rounds in the ...
SEOUL, Oct 30 (Reuters) - Samsung Electronics (005930.KS), opens new tab expects demand for memory chips for the global AI infrastructure build-out to far outstrip the company's supply, and said on ...
Yonhap News Agency on MSN
Gov't unveils road map for S. Korea's competitiveness in post-HBM chip market
The government on Wednesday unveiled a comprehensive strategy for the country in maintaining its market lead in ...
Memory Chip AI-Related Innovation From Intel, SoftBank Joint Venture Could Reshape Market Your email has been sent Intel CEO Lip-Bu Tan. Image: Intel Business/YouTube Intel and Japanese multinational ...
Memory shortage could delay AI projects, productivity gains SK Hynix predicts memory shortage to last through late 2027 Smartphone makers warn of price rises due to soaring memory costs Dec 3 (Reuters ...
Syracuse, N.Y. – While Micron Technology’s fortunes are soaring thanks to the explosion of artificial intelligence, the company has quietly become the world’s biggest producer of memory chips in cars ...
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