SEOUL, April 25 (Korea Bizwire) — South Korea will launch an initiative to become one of three leading nations in the so-called game-changer industries that include artificial intelligence (AI) chip, advanced biology and quantum technologies by 2030, the science ministry said Thursday. The Presidential Advisory Council on Science & Technology held a meeting and decided [...]
SEOUL, Feb. 22 (Korea Bizwire) – Semiconductor firms worldwide are engaged in fierce competition to secure a leading position in cutting-edge foundry process technology, particularly driven by the surging demand in the artificial intelligence (AI) chip market. Companies are forming strategic alliances with strong partners to enhance their competitiveness in this rapidly growing sector. Samsung Electronics [...]
SEOUL, Aug. 16 (Korea Bizwire) — Samsung Electronics Co. will supply next-generation artificial intelligence (AI) semiconductors to U.S. AI solutions firm Groq, the U.S. company has said. The California-based fabless said Sunday (U.S. time) it contracted with Samsung Foundry to “solidify Groq’s product roadmap with a U.S.-based foundry services provider.” Groq’s new chips will “be [...]
SEOUL, Feb. 15 (Korea Bizwire) — The government is accelerating efforts to cultivate the artificial intelligence (AI) chip area amid stiffer global competition in generative AI resulting from ChatGPT fever. It’s estimated that the operating costs of ChatGPT, which uses about 10,000 Nvidia graphics processing units (GPUs), are astronomical. Against this backdrop, AI chip development [...]
SEOUL, Dec. 6 (Korea Bizwire) — Samsung Electronics Co. said Tuesday it is working with internet portal giant Naver Corp. to develop next-generation artificial intelligence (AI) chips, as part of efforts to improve efficiency of processing large AI data. Samsung, the world’s largest memory chip maker, said its cooperation with Naver will create great synergies [...]
SEOUL, July 6 (Korea Bizwire) — KT Corp., South Korea’s No. 2 mobile carrier, said Wednesday it has invested 30 billion won (US$23 million) in Rebellions Inc., a local artificial intelligence (AI) chip startup, to participate in the fast growing field of AI chips. The deal signed Monday marks KT’s second strategic investment in the [...]
DAEJEON, March 23 (Korea Bizwire) — South Korea is positioned in the third spot after the U.S. and China in the area of patent applications for artificial intelligence (AI) semiconductors, a report from the country’s patent office showed Tuesday. According to an analysis conducted by the Korea Intellectual Property Office along with the Center for [...]
SEOUL, Sept. 24 (Korea Bizwire) — Korean startup Furiosa AI said Thursday that its first silicon chip Warboy has surpassed a similar Nvidia chip on the MLPerf’s inference benchmark scores. MLPerf is a global annual artificial intelligence (AI) semiconductor benchmark event hosted by Google, Microsoft, Facebook and other leading businesses and research institutions. Furiosa AI [...]
SEOUL, Jan. 12 (Korea Bizwire) — South Korea’s ICT ministry said Tuesday it will invest 125.3 billion won (US$114.1 million) this year to support the development of neural processors, up 75 percent from last year. Neural processing units refer to high-performance and low-powered logic chips that specialize in artificial intelligence (AI) services, according to the [...]
SEOUL, Nov. 25 (Korea Bizwire) – SK Telecom Co., South Korea’s leading wireless carrier, said Wednesday it launched a new artificial intelligence (AI) semiconductor for data center operations as it seeks to capture growing global demand for the chips. The new SAPEON X220 is the first AI chip developed by the mobile carrier and also [...]