Samsung expects profits to jump by more than 1,400%

[ad_1] Samsung Electronics expects its profits for the three months to June 2024 to jump 15-fold compared to the same period last year. An artificial intelligence (AI) boom has lifted the prices of advanced chips, driving up the firm’s forecast for the second quarter. The South Korean tech giant is the world’s largest maker of…

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Reddit shares jump after OpenAI ChatGPT deal

[ad_1] Shares in Reddit have jumped more than 10% after the firm said it had struck a partnership deal with artificial intelligence (AI) start-up OpenAI. Under the agreement, the company behind the ChatGPT chatbot will get access to Reddit content, while it will also bring AI-powered features to the social media platform. The announcement highlights…

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