Samsung crossed the $1 trillion valuation mark after shares surged on AI-driven chip demand, making it only the second Asian company after TSMC to hit the milestone.
Biotech & Health
Climate
Cloud Computing
Commerce
EVs
The rally comes after the company reported an over eightfold increase in first-quarter operating profits last week.
The investing conglomerate is looking to team up with TSMC on the initiative as SoftBank continues to pour money into AI.
The new round is being led by Iconiq Capital, with the possibility of a co-lead investor joining.
Korea nears unprecedented milestone with two tech giants in trillion-dollar club
The round, which pushes Databricks' valuation to $100B, was co-led by Insight Partners and Thrive. CEO Ali Ghodsi says he's found…
The rate of iPhone sales growth has accelerated too. This uptick in sales might be temporary, though.
