LG Corp
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LG shares rally on hopes for AI, robot cooperation with Nvidia, media says
LG shares rally on hopes for AI, robot cooperation with Nvidia, media says SEOUL, June 1 : Shares in South Korea's LG Electronics and some affiliates rose sharply in Monday morning trade, on investor hopes for expanded cooperation in physical AI and robotics with Nvidia, according to media reports. Shares in LG Electronics rose 28 per cent, while LG CNS and holding company LG Corp rose 25 per cent and 21 per cent, respectively, in morning trade. "The stock prices of LG Group companies have...
Nvidia partners with LG robotics to build humanoid robots in South Korea
NVIDIA and LG Group are building an AI factory to accelerate LG Group’s next wave of AI-driven businesses, spanning robotics, autonomous driving, data center technologies and GPU cloud services. The AI factory will provide LG Group with accelerated computing infrastructure to train, simulate, validate and deploy AI-based applications across its key businesses. The collaboration brings together NVIDIA’s full-stack, end-to-end AI factory platform with LG Group’s global leadership in consumer...
When Jensen charmed suits & streets
For one Friday night, Hongdae wasn't Seoul's trendiest neighbourhood. It was Jensen Huang's stage. The Nvidia chief executive landed in Seoul and promptly set the district ablaze - not with hyper-powered graphic-processing units, but with pork belly, fried chicken and an unusual gathering .
SoftBank sinks 10% as Asia tech stocks tumble, tracking Wall Street losses
Asian semiconductor and technology stocks resumed their slide Wednesday, tracking overnight losses on Wall Street after a brief rebound in chipmakers lost steam amid lingering concerns over stretched artificial intelligence-related valuations. Japan's Softbank Group plunged 10% amid a broader decline in tech names and after efforts to secure at least $6 billion through a margin loan backed by its OpenAI stake hit a snag, according to Bloomberg News. The Japanese tech investment giant is...