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South Korean Tech Giant Forecasts 15-Fold Increase in Second Quarter Operating Profit Samsung Electronics saw its shares hit a three-year high on Friday, driven by the booming global demand for advanced computer chips, particularly fueled by the surge in artificial intelligence (AI)…
Series B Extension Funding to Boost AI Chip Development in Saudi Arabia South Korea-based artificial intelligence (AI) chip manufacturer Rebellions has raised $15 million in funding from Wa’ed Ventures—the venture capital (VC) arm of Saudi Aramco, the world’s biggest oil producer. This…
