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Samsung is expanding its semiconductor complex in Pyeongtaek, South Korea, to meet increasing demand for specialized memory chips required by GPUs powering generative AI models. Three fabrication facilities are operating continuously at the site, with a fourth facility coming online.
SiliconANGLE reports that French AI lab Mistral AI announced a €3 billion (approximately $3.49 billion) funding round. The round was led by Samsung Electronics, with participation from more than two dozen investors including Salesforce Ventures, Nvidia, and ASML Holdings.
TechCrunch reports that French AI laboratory Mistral has raised €3 billion in a Series D funding round, achieving a €21 billion valuation. The investment round was led by Samsung, Scaleup Europe, and PSG Equity.
Samsung Electronics and five of its affiliates announced a $1 billion investment in Helix Digital Infrastructure, an artificial intelligence infrastructure venture launched in June by private equity firm KKR. Claims are as reported; this summary makes no determination about accuracy or significance.
