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Tag: South Korea
Seoul puts $16B behind chips and its own frontier models
President Lee Jae Myung's 2027 budget nearly doubles AI spending, with money set aside to build Korean frontier…
Samsung posts a record quarter and the stock still slips
Operating profit jumped 783 percent on AI memory demand, but a record is now the minimum investors will…
FuriosaAI banks $620M by selling power as the bottleneck
The South Korean inference chip startup reached a $2.9B valuation on the argument that data centers are short…
South Korea Unveils $1 Trillion Plan to Dominate AI and Semiconductor Markets
The initiative includes over $500 billion from Samsung and SK Hynix for new chip fabrication sites, plus $356…