Samsung predicts memory chip shortage to last until 2028

Samsung Electronics stated during its quarterly financial report that the memory chip shortage will worsen and persist until 2028. The company signed long-term supply agreements with five major data center companies and is close to a deal with five more, securing 60-70% of its capacity for at least five years.

Samsung

Tiiny AI Raises Tens of Millions of Dollars in Angel Round

Tiiny AI, a Personal Agent OS company, announced the completion of a multi-million dollar angel round financing. The round was jointly invested by Shunwei Capital, Matrix Partners China, Jinqiu Fund, Yunqi Partners, Gobi-Ali Hong Kong Entrepreneurs Fund, BV Baidu Ventures, and Guangyuan L2F Fund. The funds will be used to accelerate the global delivery of Tiiny AI Pocket and the deployment of TiinyOS across multiple devices.