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What’s New Today: Samsung is fast-tracking 2nm production at its Taylor fab, aiming to rival TSMC with large-scale US output.
Fast-Track Insights: European fintech saw mega-round dominance in 2025, as fewer deals still attracted billions, led by Trade Republic and major late-stage rounds.
Here’s a quick rundown of the biggest tech headlines making waves today. Let's dive into the day's top tech stories, from Samsung accelerating Taylor 2nm output to challenge TSMC to IOCL opening 501 apprentice posts for 2026 recruitment.
Samsung is accelerating plans to challenge TSMC by upgrading its Taylor, Texas chip fab from 4nm to 2nm production. The company is modernizing all lines, targeting 50,000 wafers per month initially, with plans to double output by 2027. Equipment installation begins in March, with the first wafers expected in Q2. The US-based expansion positions Samsung as a serious stateside contender in advanced semiconductor manufacturing and reshapes competition in the 2nm foundry race.
Europe’s fintech sector raised about €18–20 billion across roughly 1,200 deals in 2025, despite a year-on-year drop in deal volume. Funding concentrated at the top, with €100M-plus rounds making up over half of total capital. Late-stage deal sizes grew while early-stage slowed. Mega-rounds for firms like Trade Republic, Klarna, Solaris, and others highlighted a shift toward profitable, conviction-led fintech investments. Payments, infrastructure, lending, and regtech attracted the largest checks overall.
The notification for the Apprentice Recruitment 2026 by Indian Oil Corporation Limited has been published to recruit 501 personnel in different categories, namely Trade, Technician, and Graduate Apprentice. The mode of application is online, and it is already open. The selection will be made on the basis of the marks obtained in the qualifying exam, without holding a written test. Eligible candidates aged 18 to 24 will receive one-year apprenticeship training with a government-fixed stipend. The opportunity is meant for fresh candidates seeking hands-on experience, not permanent employment.
OpenAI has announced a new Head of Preparedness role to address growing risks linked to advanced AI systems. The job will involve dealing with AI safety, risks of cyber threats, and possible misuse in the biological area. According to the statement by CEO Sam Altman, existing safety measures are inadequate for the current situation, as models become more powerful. The new position will handle risk assessment, threat modeling, and safeguards, thus contributing to the process of guiding the deployment of AI through the lens of innovation and real-world safety concerns.
Mirae Asset Group is in talks to acquire South Korean crypto exchange Korbit in a deal valued between $70 million and $100 million. Discussions are being handled through Mirae Asset Consulting, with Korbit’s major shareholders, including Nexon’s holding firm NXC. Despite holding a small share of trading volume, Korbit’s regulated status, banking ties, and exchange license make it attractive as competition for Korea’s licensed crypto infrastructure intensifies.
