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OpenAI, Samsung SDS, and SK Telecom are preparing to begin construction of artificial intelligence data centers in South Korea as early as March, according to Science Minister Bae Kyung-hoon. The South Korean government previously said the U.S. startup would form joint ventures with the two Korean firms to develop two facilities with an initial combined […]
SiTime’s technology could ultimately be embedded in billions of chips made by Japan’s Renesas, SiTime’s chief executive said, following a landmark acquisition deal between the two firms. SiTime shares surged nearly 18% after the company announced a transaction worth up to $3.2 billion to acquire timing assets from Renesas. SiTime expects the acquired assets to […]
U.S. equity fund inflows eased in the week through February 4 as investors turned cautious amid a selloff in software stocks, according to LSEG Lipper data. Net purchases totaled $5.58 billion, down nearly 48% from the previous week’s $10.82 billion, even as strong earnings from Eli Lilly and Super Micro Computer helped offset some of […]