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Industry

SK $500 billion, Samsung $200 billion: global AI deals unveiled

Around a San Francisco AI summit, South Korea unveiled government-led cooperation plans between global AI companies such as Nvidia, OpenAI and Broadcom and Korean firms including Samsung Electronics, SK Group, Hyundai Motor Group and Naver. Nvidia and SK Group disclosed a partnership intent worth more than $500 billion, while Samsung and Broadcom signed an MOU worth more than $200 billion through 2030. Nvidia and Brookfield also plan a $10 billion investment in Naver.

Industry

SK to expand AI chip, data centre ties with five big tech firms

SK has secured a foundation to carry out its domestic AI infrastructure investment plans through cooperation with U.S. big tech companies. It agreed with Nvidia, Microsoft and Anthropic on cooperation in AI chips and AI data centres, and discussed expanding domestic AI infrastructure cooperation with Amazon Web Services. SK also plans long-term cooperation with Nvidia on AI memory, and SK hynix will pursue supplying server memory to data centres with Microsoft.

AI & Enterprise

Sam Altman backs South Korea\'s \'AI for all\' vision, says infrastructure role is key

OpenAI CEO Sam Altman voiced support for the South Korean government\'s \"AI for all\" vision and said it requires bold investment in AI infrastructure. Speaking at an AI summit in San Francisco on July 24 local time, Altman said Korea\'s AI infrastructure projects would help the economy and people and play a key role in helping global AI advance to the next stage. He also met President Lee Jae-myung and held talks with SK Group Chairman Chey Tae-won, with a meeting planned with Samsung Electronics Chairman Jay Y. Lee.