Samsung Electronics buys British AI tech startup


The purchase of Oxford Semantic marks the latest move by Samsung to strengthen its AI offerings. — Reuters

Seoul: Samsung Electronics has bought a British startup that develops advanced artificial intelligence (AI) technology, the South Korean tech giant says, as demand for its high-end chips used in AI hardware surges.

Oxford Semantic Technologies specialises in knowledge graph technology – a more advanced way of storing complex information in a web – Samsung said in a statement yesterday.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

MIDA sees broader investment pipeline beyond data centres in 2026
Malaysia likely see net foreign equity inflow in 2026 amid rising investor confidence
Sarawak to introduce carbon levy on oil, gas and energy sectors
Astro to stop new Astro Fibre sign-ups from Feb 2026
5E Resources secures Bursa Malaysia nod for ACE Market listing
Ringgit ends higher as Trump-fed clash weakens the greenback
AirAsia X fully secures RM1bil private placement at RM1.65 per share
iCents wins RM9.12mil industrial facility contract
Rimbunan Sawit disposes of land for RM28mil
Agibot opens Malaysia’s first AI and robotics experience centre

Others Also Read