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What’s New Today Today’s roundup covers five developments shaping technology and business markets: Samsung and Mistral AI are joining forces to explore AI infrastructure for semiconductor operations. EaseMyTrip promoter Nishant Pitti has pledged shares worth nearly Rs 212 crore. Singapore continues to see hiring opportunities for fresh graduates across key sectors. Coinbase is bringing its Base App back under the Coinbase Wallet brand, and OpenAI CEO Sam Altman has signaled that the company could take a slower approach to advanced AI development as safety concerns grow.
Samsung and Mistral AI have announced a semiconductor infrastructure partnership focused on integrating Mistral’s AI models into Samsung’s chip operations and developing customized on-premises AI systems.
EaseMyTrip promoter Nishant Pitti has pledged 34.51 crore shares worth Rs 211.92 crore with Motilal Oswal Financial Services for personal use.
Singapore’s financial services, professional services, information and communications, and healthcare sectors continue to offer opportunities for fresh graduates despite a more selective hiring environment.
Coinbase has restored the Coinbase Wallet name for its Base App as the product shifts its focus toward multichain trading, transfers, and earning features.
Sam Altman has indicated that OpenAI is willing to slow the development of advanced AI systems as questions around safety and control become more prominent.
The partnership was announced at a state summit in Paris between South Korea and France. Under the deal, Samsung will build Mistral's AI tools, including its Mistral Large model, into its chip operations to create customized, on-premises AI systems for its infrastructure. The expectation is that Mistral's platform will give Samsung a fresh set of tools to reshape how it designs and manufactures semiconductors.
Nishant Pitti, promoter of online travel company Easy Trip Planners (EaseMyTrip), has pledged 34.51 crore shares worth Rs 211.92 crore with Motilal Oswal Financial Services.
According to a disclosure filed with the stock exchanges, the pledge was created on August 24, with the shares pledged for the promoter’s personal use. The pledged shares represent 8.66% of EasyMyTrip’s total share capital. The disclosure shows that Nishant held 45.37 crore shares, or an 11.39% stake, before the latest pledge. Following the transaction, his total encumbered shares stood at 44.87 crore, representing 11.26% of the company.
Fresh graduates in Singapore continue to find job opportunities in sectors such as financial and insurance services, professional services, information and communications, and healthcare and social services, even though employers are becoming pickier and AI is changing what entry-level work looks like.
Coinbase confirmed through its official Google Play listing that the Base App has returned to the Coinbase Wallet name as the product focuses on multichain trading, transfers, and earning features. Ryan Kass, head of Coinbase Wallet product, said in a statement that the wallet would function as a “test kitchen” for products and assets that Coinbase may not list on its centralized exchange. Long-tail tokens will appear once they are minted on supported networks, while the company plans to connect additional chains after they launch.
OpenAI CEO Sam Altman signalled that the company could slow the development of advanced artificial intelligence systems as concerns over AI safety and control intensify.
As reported by Bloomberg, Altman said that the company is open to slowing AI development. The comments come as researchers and technology leaders increasingly question whether safety measures can keep pace with rapidly improving AI capabilities.
