Posted 3/24/2024, 11:45:00 PM
Samsung Sells $752M Mach-1 AI Chips to Naver; GoTo Posts $5.75B Loss from TikTok Deal; Fujitsu Changes Graduate Hiring; Tencent Profits Plunge 75%; Singtel Builds AI Data Centers
- Samsung has sold $752 million worth of its new Mach-1 AI accelerator chip to Naver that will improve inferencing speed by 8x when launched in 2025
- GoTo share price dropped 9% after reporting $5.75B loss, largely due to a $5B write-down from its partnership with TikTok
- Fujitsu ending graduate job rotations, will now hire for specific roles, seeking those with consulting skills
- Tencent profits plunged 75% year-over-year in Q4 to $3.8B, primarily due to one-time gain from Meituan sale last year
- Singtel building 3 AI data centers in Singapore, Thailand and Indonesia housing Nvidia H100 GPUs and next-gen Grace Blackwell chips for GPU-as-a-Service business