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Industry

South Korea\'s President Lee, business leaders meet in San Francisco to reshape AI supply chain

South Korean President Lee Jae-myung issued a “San Francisco AI Declaration” in San Francisco on July 24, pledging to make the country an indispensable axis of the global AI supply chain. He cited a 4,700 trillion won AI project investment announced in June and investment initiatives by domestic and foreign firms whose combined enterprise value exceeds 2 quadrillion won. The focus includes memory and foundry semiconductors, autonomous driving and AI factories.

AI & Enterprise

Nvidia steps up cooperation with South Korea to expand AI ecosystem at San Francisco AI summit

Nvidia said South Korean President Lee Jae-myung and leading South Korean business figures and researchers will meet Nvidia and ecosystem partners at an AI summit in San Francisco this week to explore the direction of AI development in South Korea. As a first step, Nvidia and the Korea Advanced Institute of Science and Technology said they will set up a joint AI research centre at KAIST in Seoul to advance agentic AI.

Telecommunications & Media

Nvidia to set up AI joint research institute at KAIST

KAIST and Nvidia will build a $300 million joint research framework to develop agentic AI technology tailored to the Korean language and domestic industrial environments. KAIST said it will establish the Nvidia-KAIST AI Joint Research Institute at the Seoul campus of its Kim Jaechul Graduate School of AI to pursue joint research on key next-generation AI technologies. The partners will combine Nvidia’s full-stack AI technology, open models and cloud computing infrastructure with KAIST researchers.