Awesome deals, Galaxy Book 4 series, Watch 6, S24 Ultra or Z Flip 5! - Get 15% discount on Thinborne cases!

SamMobile has affiliate and sponsored partnerships. If you buy something through one of these links, we may earn a commission.

Notifications
    News for you

    ‘There will be no future’ if Samsung stops, chief says ahead of AI hiring spree

    Business
    By 

    Last updated: July 1st, 2020 at 12:43 UTC+02:00

    As the world keeps suffering the effects of a historic pandemic, Samsung is embarking on a major hiring spree because it dreads any other alternative, a top executive said. “There will be no future” in the event Samsung stops pushing forward, Vice Chairman and heir apparent, Lee Jae-yong, said earlier today. Lee gave the dramatic announcement during a scheduled visit to SEMES, the chaebol's industrial equipment arm.

    Samsung aims to add as many as 1,000 chip experts specializing in artificial intelligence technologies as part of the upcoming talent push. The initiative hence seems to be closely related to the wider corporate vision of a new “K-Chip” era that top company officials talked about last week.

    AI tech remains crucial for all of Samsung's ambitions

    Looking at the bigger picture, all of those efforts can be tracked to an enormous AI bet worth $110 billion which Samsung originally announced just over a year ago. As part of the same endeavor, the conglomerate already bolstered its ranks with 500 specialists for machine learning and related technologies over the course of the first half of 2020. While the COVID-19 crisis stifled its plans to a degree, the undertaking is now rapidly regaining momentum, as Lee himself indicated.

    AI hence remains a crucial component of Samsung's plans for virtually every single market in which it operates. That state of affairs should be underlined in just over a month, when Samsung is expected to announce its latest Android flagships in the form of the Galaxy Note 20, Galaxy Fold 2, and the Galaxy Tab S7 series.

    Via Business Artificial Intelligence

    You might also like

    Android Auto is getting new AI feature to summarize messages

    Android Auto is getting new AI feature to summarize messages

    During the launch of the Galaxy S24 series, Google announced an AI-powered feature for Android Auto that can summarize messages that you receive while driving and provide you with various options depending on the context of messages to perform various actions. This feature keeps you from taking your eyes off the road to read those […]

    • By Abid Iqbal Shaik
    • 2 hours ago
    iPhone 16’s processor is getting a more powerful AI neural engine

    iPhone 16’s processor is getting a more powerful AI neural engine

    2024 is all about generative AI features on smartphones and you can bet your bottom dollar that Apple will be jumping on the bandwagon as well when it finally unveils the iPhone 16 series later this year. Samsung has already taken the spotlight with the Galaxy S24's Galaxy AI so Apple has no choice but […]

    • By Adnan Farooqui
    • 2 weeks ago
    OpenAI’s new search engine could make Google’s life difficult

    OpenAI’s new search engine could make Google’s life difficult

    Google has enjoyed complete dominance over the internet search market for decades. There have been competitors but none has been able to achieve the sheer scale of its superiority. With artificial intelligence set to fundamentally change the way people use the internet, it appears that Google may soon find its lead under threat. OpenAI, the […]

    • By Adnan Farooqui
    • 2 weeks ago
    NVIDIA is now the third most valuable company in the US

    NVIDIA is now the third most valuable company in the US

    NVIDIA, best known for its graphics chips, has been on a tear recently. It's one of the leading suppliers of AI chips and given the incredible demand for these products, the company's valuation has soared as investors are bullish on its future prospects. This has enabled the company's valuation to skyrocket over the past year […]

    • By Adnan Farooqui
    • 2 weeks ago
    Samsung is actively hiring people across divisions with AI experience

    Samsung is actively hiring people across divisions with AI experience

    Samsung's interest in artificial intelligence goes beyond Galaxy AI and what it can do for your smartphone user experience. Artificial intelligence can help the company's various divisions improve their competitiveness and better prepare for the challenges that lie ahead. To that end, the company is putting its money where its mouth is and has embarked […]

    • By Adnan Farooqui
    • 2 weeks ago
    Samsung wins big chip contract from an undisclosed AI company

    Samsung wins big chip contract from an undisclosed AI company

    Samsung views AI chips as a major driver of future growth. The company is focusing on expanding its production capabilities of these advanced chipsets to gain a leadership position in this segment. To that end, the company has signed a big contract with a disclosed AI company to develop an AI chip on its next-generation […]

    • By Adnan Farooqui
    • 3 weeks ago