Tag: Market
Samsung Acquires UK Knowledge Graph Startup to Enhance Galaxy AI Technology
Samsung has announced its acquisition of Oxford Semantic Technologies, a UK-based startup specializing in knowledge graph technology, to enhance its Galaxy AI capabilities. This...
India’s Shift from Feature Phones to Smartphones: Challenges and Opportunities
India, a country known for its massive population, is also the world's second-largest smartphone market, right after China. With around 750 million users, it...
Formlabs Acquires 3D Printing Startup Micronics During Kickstarter Campaign
Formlabs recently made an exciting announcement about their acquisition of the 3D printing startup, Micronics. This Wisconsin-based company, founded by Henry Chan and Luke...
Powell’s Testimony Sparks Hope for Future Rate Cuts
Jerome Powell, the Chair of the US Federal Reserve, recently testified before the Senate Banking Committee, highlighting the progress made by the US economy...
Is Scale AI Overvalued? Analyzing the $13.8B Valuation and Concerns with Margins and Customer...
Techmeme snapshot date and time: July 8, 2024, 4:55 PMScale AI, a prominent artificial intelligence company, has recently been valued at a staggering $13.8...
Generating $600B/year: The Financial Target for Top AI Model Companies
Tech companies that are at the top of their game are setting ambitious financial targets for themselves. These companies are aiming to generate a...
Samsung Expects 15-Fold Profit Surge in Q2 Due to Rising Chip Prices
Samsung is expecting a significant increase in its profit for the second quarter of the year. The global memory chip market is experiencing a...
Samsung Anticipates 15-Fold Surge in Q2 Earnings Amid Chip Price Increase
Samsung is expecting a significant increase in its second-quarter profits as the global memory chip market continues to grow, driven by the AI industry....
Nvidia to Sell $12B Worth of H20 Chips in China in 2024: Huawei Expects...
Nvidia is set to make a significant impact in the Chinese market in 2024 with the sale of $12 billion worth of H20 chips....