Market Chatter: OpenAI, Samsung Deepen Partnership on Chipmaking, Operations

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Market Chatter: OpenAI, Samsung Deepen Partnership on Chipmaking, Operations

MT Newswires Live09-09 16:37

Microsoft-backed (MSFT) OpenAI and Samsung Electronics are increasingly cooperating on joint production and research for next-generation chips, Reuters reported Wednesday, citing executive Harrison Kim, general manager of OpenAI Korea.

Kim said OpenAI and Samsung have made progress on joint production and research involving next-generation chips that OpenAI is developing, according to Reuters.

Kim described Samsung Electronics as among the largest-scale deployments of ChatGPT worldwide, with applications in its research and development, marketing and sales departments, the report said.

Samsung Electronics said it could not confirm customer-related information, Reuters reported.

OpenAI and Samsung did not immediately reply to MT Newswires' requests for comment.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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