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AI chip developer gets $100 million from Samsung and Hyundai

The artificial intelligence (AI) chip developer Tenstorrent announced the closing of a $100-million funding round on Aug. 3, which was led by major manufacturing companies Samsung and Hyundai, among others. The company said it raised $30 million from Hyundai, $20 million from the automobile manufacturer Kia, and $50 million from the Catalyst

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Apple to Begin Manufacturing Micro-LED Displays and Lessen Reliance on Samsung

Apple is reportedly getting more involved in producing its own cutting-edge screen displays and could launch the technology in 2025.  US tech giant Apple (NASDAQ: AAPL) is intensifying its plans to produce next-generation displays so that it can rely less on Korean rival Samsung. By getting involved in display-making technology, Apple also seeks to

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Samsung Quarterly Profit Set for 92% Crash Not Seen in 14 Years as Memory Chip Surplus Continues

Analysts say that expected figures from Samsung will likely reveal a heavy crash in operating profit as the company struggles to sell chips. Samsung Electronics Co Ltd is expected to see an unprecedented crash in first-quarter profit. According to a Reuters publication, Samsung will likely suffer its worst profit crash in 14

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