Samsung Electronics announced a $16.5 billion contract to supply semiconductors to an undisclosed global corporation. The world’s biggest memory chipmaker said the contract, signed on July 27, covers contract chip manufacturing and will remain confidential until 2033.
Meta Platforms appointed Shengjia Zhao, a co‑creator of ChatGPT and former OpenAI researcher, as chief scientist of its new Superintelligence Lab. CEO Mark Zuckerberg said Zhao will set the research agenda and scientific direction for the lab, which aims to develop artificial general intelligence (AGI) and open‑source the results. Zhao joins other former OpenAI researchers in what analysts call a talent “arms race” between Meta and its rivals.