AI boom pushes Samsung to $1T | TechCrunch
Samsung reached a $1 trillion valuation on Wednesday as shares of the South Korean tech giant surged more than 10%, driven by the ongoing artificial intelligence frenzy fueling demand for chips. …
Samsung reached a $1 trillion valuation on Wednesday as shares of the South Korean tech giant surged more than 10%, driven by the ongoing artificial intelligence frenzy fueling demand for chips. …
… OpenAI last raised a whopping $122 billion round in March at an $852 billion post-money valuation. Elon Musk’s SpaceX — which merged with xAI earlier this year — is targeting a $2 trillion valuation in its pending IPO , and seeking to raise more than $75 billion. …
… The fundraising comes as investor appetite for open-weight AI models made by Chinese labs surges. …
… That deployment helped Vapi raise a $50 million Series B led by Peak XV Partners at a valuation of around $500 million after investment, according to a person familiar with the matter. …
… Lightspeed Venture Partners previously led SolarSquare’s $40 million Series B round at around a $200 million post-money valuation in December 2024. …
… As Anthropic’s $200 million contract fell apart, the DoD turned to OpenAI instead, which accepted and then watched ChatGPT uninstalls surge 295% . …
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… Indeed, XCENA just raised $135 million in a Series B at a valuation of $570 million, bringing its total raised to $185 million. …
Fervo Energy, the geothermal energy startup, saw its market valuation surpass $10 billion in its public market debut, an increase driven by demand for AI data centers — and the energy that can power them. …
… Clio isn’t the only legal tech company seeing a massive revenue surge driven by AI. …