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Nvidia, the U.S. semiconductor leader, announced it will deliver more than 260,000 of its latest Blackwell AI chips to South Korea’s government and major conglomerates, including Samsung Electronics, SK Group, Hyundai Motor Group, and Naver. The move solidifies South Korea’s position as an emerging artificial intelligence powerhouse in Asia. The agreement follows a meeting between […]
Nissan has expanded its partnership with UK software company Monolith to accelerate car development using artificial intelligence. The collaboration aims to reduce the need for physical testing by applying AI-driven data analysis, significantly shortening the time it takes for new models to reach the market. The renewed partnership follows the successful use of Monolith’s AI […]
European chipmaker STMicroelectronics projected fourth-quarter revenue below market expectations, citing soft demand from the automotive sector that offset gains in other markets. The company expects revenue of $3.28 billion for the quarter, compared to analyst forecasts of $3.34 billion, according to LSEG data. Shares fell nearly 8%, making STMicro the worst performer on France’s CAC […]