Samsung Electronics Co., Ltd. (005930.KS)
- Barrons.com
Smartphones Are About to Get an AI Boost. Here Are the Stocks to Play the Revolution.
“You could almost argue that the smartphone is becoming a little bit closer to a washing machine than the cutting-edge, rapidly changing device category that it used to be,” says Ben Wood, chief analyst at CCS Insight, a technology research firm. Samsung Electronics and Alphabet Google, which have spent years partnering on mobile phones—and the Android software that powers them—see a silver bullet in the form of artificial intelligence. “This new era of AI is a profound opportunity to make smartphones truly smart,” Sameer Samat, Google’s vice president of product management for Android, said during the Google I/O developers conference on Tuesday.
- PR Newswire
Korean Semiconductor Industry Titans Back DEEPX in Series C Funding Round
DEEPX, a prominent AI semiconductor technology startup under the leadership of CEO Lokwon Kim, is delighted to announce the successful conclusion of its Series C funding round, amassing $80.5M (KRW 110B). Led by esteemed private equity firms, this significant financial investment will accelerate the mass production of DEEPX's inaugural product line for global distribution and expedite the development and launch of its next-generation LLM on-device solutions. The round was spearheaded by SkyLake
- Bloomberg
AI Chipmaker DeepX’s Valuation Vaults Up in SkyLake-Led Funding
(Bloomberg) -- AI chip designer DeepX Co. raised 110 billion won ($80 million) in a funding round that multiplied its valuation and was led by the private equity firm of a Samsung Electronics Co. veteran known as a semiconductor pioneer.Most Read from BloombergTrump Vows ‘Day One’ Executive Order Targeting Offshore WindBiden Accuses China of ‘Cheating’ on Trade, Imposes New TariffsMacron Puts French Banks in Play With Plan to Transform EuropeFive Under-the-Radar Billionaires Making Vast Fortunes
