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45 items- JPMorgan and Mastercard back Seattle startup Firmly’s bet on AI shopping agentsgeekwire.com/2026/jpmorgan-and-mastercard-back-seattle-startup-firmlys-bet-on-ai-shopping-agents/
Firmly, a Seattle-based startup, secures **$15 million in Series A funding** led by Squarepoint Capital, with J.P. Morgan Payments, Mastercard, and Samsung Next among investors. The company’s AI-powered platform enables retailers like Best Buy and Furniture.com to integrate shopping agents into third-party apps while retaining control over payments and customer relationships. Firmly also launched **Ask Agent**, an AI assistant for retailers’ own websites, allowing shoppers to browse and purchase products via chat. Mastercard’s involvement includes merchant recruitment for its **Agent Connect** service, accelerating Firmly’s customer acquisition.
Nov 2026GeekWireNews article
- Nasdaq sell-off batters Asian chip stocks as SK Hynix, Samsung, Softbank, TSMC tumblecnbc.com/2026/11/06/tech-stocks-sk-hynix-samsung-softbank.html
Asian tech stocks fell sharply amid a Nasdaq correction, driven by AI spending concerns. SK Hynix dropped over 8%, Samsung Electronics lost 7%, and SoftBank Group declined 11.6%. Investors fear tighter U.S. data-center regulations could slow AI chip demand, pressuring firms like TSMC (down 9.6%) and Foxconn (down 9.4%). The sell-off reflects broader worries about AI investment sustainability.
Nov 2026CNBC TechNews article
- Inside the chip talent war: Trade secrets and rising Chinese rivalscnbc.com/2026/11/05/semiconductor-china-korea-talents-rivalry.html
A former Samsung Electronics engineer was sentenced to five years in prison for leaking technology to Chinese memory chipmaker CXMT. The case reflects growing competition for semiconductor talent, as Chinese firms like CXMT recruit experienced engineers with high salaries and incentives to close the technology gap. Samsung and other established chipmakers are strengthening legal protections, including non-compete agreements and trade secret enforcement, amid rising concerns over intellectual property theft. Analysts project CXMT’s global DRAM revenue share could reach **10%** by mid-2026, signaling China’s growing influence in the sector.
Nov 2026CNBC TechNews article
- Samsung Electronics shares slid despite record profit in the third-quartercnbc.com/2026/10/29/samsung-electronics-third-quarter-earnings.html
Samsung Electronics reports third-quarter revenue of **195.25 trillion won** (matching estimates) and operating profit of **107.44 trillion won**, driven by surging demand for AI memory chips. Revenue grew **126.88% year-over-year**, while operating profit surged **783.11%** annually. The company and affiliates invest **$1 billion** in Helix Digital Infrastructure and partner with Mistral AI to integrate AI into semiconductor design and manufacturing, while leading Mistral’s Series D funding round.
Oct 2026CNBC TechNews article