Samsung, SK Hynix Ink Deal to Supply Gear to OpenAI’s Stargate
Samsung Electronics and SK Hynix, two major South Korean tech companies, have signed initial agreements to supply chips and other equipment to OpenAI's Stargate project. This deal strengthens the companies' position in the market for advanced memory chips used in artificial intelligence (AI) applications. Stargate is a project by OpenAI, a prominent AI research company, aimed at developing large language models and other AI systems. The agreement with Samsung and SK Hynix ensures a steady supply of the specialized memory chips required for these advanced AI systems. The deal is significant as it highlights the growing demand for cutting-edge memory chips in the rapidly evolving AI industry. Samsung and SK Hynix, being leaders in the memory chip market, are well-positioned to capitalize on this trend and maintain their competitive edge in the field of AI-related semiconductor technology.
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