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The French artificial-intelligence startup said it had raised $3.48 billion from a pool of existing investors such as Samsung and ASML Holding, as well as new backers.
French artificial intelligence company Mistral AI is raising 3 billion ($3.49 billion) in a Series D funding round, with Samsung Electronics joining the round. Chief Executive Officer Arthur Mensch argues that the company is probably still undervalued and that macroeconomic reasons are starting to show that open source models will win. He speaks with Bloomberg's Tom Mackenzie.
By Inti Landauro and Elizabeth Howcroft PARIS, Sept 8 (Reuters) - France's Mistral has raised €3 billion at a valuation of around €21 billion ($24 billion), in what the three-year-old AI company said
Samsung Electronics Co.’s anticipated equity buyback is raising investor expectations that the Korean giant will buy up non‑voting preferred shares, narrowing a steep discount and setting an example for others.
Apple’s biggest iPhone change in years comes with a huge price
Tech stocks surge in Asia as investors bet that the AI boom will carry on driving up chip and memory demand.
A Goldman strategist continues to back its KOSPI target of 12,000, saying the market underprices the duration of this earnings cycle.
Asian shares were trading mixed on Monday, with benchmarks in Tokyo and Seoul leading gains thanks to buying of computer chipmakers' stocks. Japan's benchmark Nikkei 225 added 1.7% to 66,104.93, while South Korea’s Kospi jumped 3.3% to 6,907.53. Shares in Samsung Electronics jumped 4.5% and memory chipmaker SK Hynix surged 6.2%.
Apple on Wednesday is widely expected to introduce its iPhone 18 handsets, including its first folding-screen model.
Roku just made a $999 bet on owning your living room
A macro shock overwhelmed record chip earnings, showing how quickly inflation and rate fears can overpower semiconductor momentum.
Kospi rises as Samsung and SK Hynix gains from chip buybacks offset renewed US-Iran tensions and a hawkish Fed speech.
By Cynthia Kim, Joyce Lee and Heejin Kim SEOUL, Sept 1 (Reuters) - South Korea on Tuesday unveiled its most aggressive fiscal spending plan on record, setting total government expenditure for 2027 at
Semiconductors, which account for more than a third of South Korea’s exports by value this year, continued to drive the gains.
Jim Cramer just went on record about Micron after visiting the company’s facilities.
Goldman Sachs' Eric Sheridan joins Yahoo Finance Executive Editor Brian Sozzi to break down the market's reaction to Alphabet’s (GOOG) latest earnings report, Google’s brain drain, and why the launch of Gemini 4 could completely flip the narrative.
Investing.com -- Networking is replacing raw computing power as the main constraint on artificial intelligence performance as AI systems grow larger and more complex, Citi analysts said following the second day of the Hot Chips conference.
The Chinese chipmaker posted net profit of 77.6 billion yuan in its first earnings report since going public in July
The memory-chip maker has ridden the AI boom to become China’s most valuable company by total market cap.
SEOUL, Aug 28 (Reuters) - South Korean exports likely extended their robust growth in August to mark a 15th consecutive month of gains, driven by surging global demand for AI chips, a Reuters poll
HANOI, August 28 (Reuters) - Vietnamese leaders have urged U.S. chip designer Qualcomm and South Korea's Samsung Electronics to expand their investment in artificial intelligence, semiconductors and
Asian stocks were mixed on Thursday following modest losses on Wall Street, while oil prices declined. U.S. futures were trading higher after Nvidia’s latest quarterly earnings beat Wall Street’s expectations as demand for its advanced artificial intelligence chips surged. In Japan, the Nikkei 225 slipped 0.2% to 66,162.72.
An activist investor has offered a 45% premium for Samsung affiliates’ stakes in S-1 Corp., setting up an early test of how board directors handle their expanded fiduciary duties under South Korea’s revised corporate law.
China’s YMTC plans to raise 33 billion yuan for production upgrades and R&D.
A slow-motion collapse in South Korea’s Kospi index erased $2.5 trillion in value, burning investors who bet on the AI boom.
We all knew it was coming. The expected valuation may surprise, though.
The Dow Jones Industrial Average opened higher today, with the S&P 500 opening lower. The Nasdaq opened down after Asian tech stocks tumbled earlier. Alibaba, Samsung and Softbank all retreated in Monday trading.
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