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Samsung

4 written stories · 14 tracked

Tech4 outletsover 9h

Mistral raised €3B led by Samsung at a €21B valuation, up from €11.7B a year ago, as it expands to building data centers instead of solely developing AI models (Adam Satariano/New York Times)

Mistral secured a €3 billion Series D round, valuing the company at more than €21 billion. Samsung Electronics led the funding, with PSG Equity and the EU-backed Scaleup Europe Fund also participating. The money will expand Mistral’s full-stack, open-weight AI infrastructure and support the company’s shift toward building its own data-center network for over 125 enterprises.

Hacker News·TechMeme·The Next Web·TechCrunch
Tech3 outlets

AI boom pushes Samsung to $1T

Samsung Electronics has reached a $1 trillion valuation, becoming only the second Asian company after TSMC to hit the milestone. The rise follows a surge in the AI memory cycle that has driven the company’s stock higher. The valuation marks a record for Korea amid the broader AI boom.

TechMeme·The Next Web·TechCrunch
Tech4 outlets

Renders based on photos of Samsung's upcoming smart glasses, expected to launch later this year, show a design nearly identical to Ray-Ban Meta glasses (Alexander Maxham/Android Headlines)

Images and renders of Samsung’s upcoming smart glasses have surfaced, revealing a design that closely mirrors the Ray-Ban Meta style. The leaked visuals suggest the device will be released later this year, marking Samsung’s first entry into the smart-glasses market.

Wired·The Verge·Engadget·TechMeme
Tech4 outlets

After three months, Samsung is ending sales of the $2,899 Galaxy Z TriFold

Samsung has announced it will end sales of its Galaxy Z TriFold after only three months on the market. The $2,899 foldable phone will be discontinued in South Korea and the United States once remaining inventory is cleared. The company has stated it is winding down the product line in those regions.

Engadget·TechMeme·The Verge·Ars Technica