CoreWeave Q1 2026 Revenue Surges as AI Infrastructure Demand Grows 
Samsung Shares Slide as Labor Talks Intensify Ahead of Planned Strike 
Broadcom Eyes $35 Billion AI Chip Financing Deal With Apollo and Blackstone 
Nvidia CEO Jensen Huang to Join Trump’s China Visit Amid AI Chip Tensions 
Japan Tech Stocks Surge as AI Optimism Lifts SoftBank, Chipmakers 
U.S.-China AI Talks May Take Center Stage at Trump-Xi Summit 
Judge Delays SEC Settlement With Elon Musk Over Twitter Stock Disclosure Case 
Morgan Stanley Bets on Optical Component Stocks in Greater China Tech Sector 
Infineon Raises 2026 Outlook as AI Data Center Chip Demand Surges 
Hua Hong Semiconductor Stock Surges to Multi-Year High Amid AI Boom 
Reliance Industries Reworks Jio IPO Into Fresh Share Sale Amid Valuation Talks 
Goldman Sachs Delays Fed Rate Cut Forecast to 2026 Amid Rising Inflation Concerns 
Nintendo Shares Tumble as Weak Forecast and Rising Switch 2 Costs Worry Investors 
Ibiden Stock Surges as AI Chip Demand Boosts Profit Outlook 
OCBC Q1 Profit Rises 5% on Strong Wealth Management and Non-Interest Income 
Nidec Shares Plunge After Quality Inspection Misconduct Allegations 
AMD Q1 Earnings Surge on AI Demand, Stock Jumps After Strong Guidance 
Twelve Labs, a generative artificial intelligence (AI) startup based in South Korea, has secured a combined investment of $10 million. Nvidia Corp., Intel Corp., Samsung Next, and Korean Investment Partners are the four companies contributing to this investment.
Nvidia Makes First Direct Investment in Korean AI Startup
Twelve Labs disclosed that this marks Nvidia's first direct investment in a Korean AI startup, Yonhap News Agency noted.
The startup's innovative approach to AI has impressed Mohamed Siddeek, head of NVentures at Nvidia, who stated, "What Twelve Labs has accomplished technically is impressive. Anyone who understands the complexities associated with summarizing video will appreciate this leap forward."
Intel, Samsung Next, and Korean Investment Partners are joining the investment consortium. As industry giants in chip manufacturing and equity funding, respectively, their involvement in Twelve Labs' funding round demonstrates confidence in the startup's potential.
Hyperscale AI Models for Comprehensive Video Understanding
Twelve Labs has developed hyperscale AI models capable of understanding various types of information in video formats, as per a Korea Bizwire report. These models can effectively analyze text, logos, conversations, and objective behavior within videos. The company's technical prowess has earned recognition within the industry.
Founded in 2021, Twelve Labs has set forth a bold vision: to create an infrastructure for multimodal video understanding and empower developers to build programs that can see, listen, and comprehend the world as humans do.
The advice of renowned AI scholar Fei-Fei Li and the expertise of Aidan Gomez, CEO and co-founder of Cohere, who competes with Microsoft-backed OpenAI, further bolsters the startup's potential.
Twelve Labs' Impressive Growth and Future Prospects
Twelve Labs, with extensive backing from major players in technology and investment spheres, envisions establishing itself as a leading player in the generative AI market. This investment is the latest milestone for the startup, following a previous seed round that raised $17 million from global venture capital firms, including Index Ventures.
Twelve Labs maintains its dual headquarters in Seoul and San Francisco, strategically positioning itself to leverage opportunities emerging from the Asian and North American AI markets. This geographical advantage allows the startup to tap into diverse resources and foster global collaborations.
Photo: Twelve Labs Newsroom
