Samsung Electronics and Naver Corporation have teamed up to jointly develop semiconductors for artificial intelligence (AI) hyperscale computing. This will be an AI chip solution needed for large-scale data processing.
Samsung and Naver revealed on Tuesday this week that they have agreed to a partnership for the AI chip, and the signing of a memorandum of understanding was held at the latter’s headquarters office in Seongnam, Gyeonggi.
The companies are developing this type of chip with the goal of improving the efficiency of data processing as well as reducing energy consumption in the computing system. It was said that this project is in line with the surge in data volume that must be managed efficiently.
This AI chip solution is specifically designed for hyperscale artificial intelligence models. To create this, Samsung and Naver will combine their semiconductor design and manufacturing expertise with proven AI proficiencies to magnify the speed and power efficiency of expansive AI models.
Moreover, as part of the agreement, Samsung will be supplying the hardware for the chip. The electronics company already has technologies that incorporate data processing functions in memory devices like its processing-in-memory, computational storage, processing-near-memory
Compute Express Link (CXL) that enables high-speed communication with lower latency, so these will be applied to the project as well.
As for Naver, it will furnish compression algorithms that are two to three times faster than compared to the existing models. The two firms will make and test compression algorithms for the application and expansion of hyperscale AI computing models. They are also planning to expand their partnership for the development of next-generation high-performance computing devices, as per Aju Business Daily.
“Through our collaboration with NAVER, we will develop cutting-edge semiconductor solutions to solve the memory bottleneck in large-scale AI systems,” Samsung Electronics’ executive vice president of memory global sales and marketing, Jan Jinman, said in a press release. “With tailored solutions that reflect the most pressing needs of AI service providers and users, we are committed to broadening our market-leading memory lineup including computational storage, PIM and more, to fully accommodate the ever-increasing scale of data.”
Naver’s head of CLOVA CIC, Suk Geun Chung, added, “We look forward to broadening our AI capabilities and bolstering our edge in AI competitiveness through this strategic partnership.”


Dollar Eases as Middle East Conflict, Fed Outlook and Japan Pension Policy Drive FX Markets
Iraq PM Visits Washington as U.S. Oil, Gas Deals Take Center Stage
AstraZeneca Shares Sink After Wainua Trial Misses Key Heart Disease Goal
European Stocks Slip as Middle East Tensions and Hormuz Threat Rattle Markets
Bain Capital Exits Kioxia After AI-Fueled Valuation Surge
Sino Biopharm Stock Rises After AstraZeneca Licensing Deal, GSK Partnership Expansion
SK Hynix Soars 13% in Nasdaq Debut After Record $26.5 Billion IPO
Mastercard Explores Sale of Majority Stake in UK Payments Firm Vocalink: Report
Gold Prices Slip as U.S.-Iran Conflict, Fed Rate Hike Bets Pressure Precious Metals
Asian Currencies Weaken as Stronger Dollar Weighs, Yen Supported by GPIF Repatriation Hopes
EU Weighs New Trade Restrictions on Israeli West Bank Settlements
SK Hynix Shares Drop After Strong Nasdaq Debut Despite $26 Billion ADR Listing
SK Hynix Prices Record U.S. ADR Offering at $149 After $200 Billion Investor Demand
Fed Reaffirms 2% Inflation Goal, Vows Forceful Action to Anchor Price Expectations
Samsung to Launch First Yongin Chip Plant by 2029 as South Korea Speeds Up Semiconductor Hub
Fed Chair Kevin Warsh Launches Task Forces to Overhaul U.S. Monetary Policy Framework
Asian Stocks Rise as AI Chip Rally Offsets Middle East Tensions 



