AI & Enterprise

OpenAI\'s Sam Altman to visit Samsung Electronics and Kakao, focus on expanding ChatGPT cooperation

OpenAI CEO Sam Altman (샘 알트먼) will visit South Korea on June 14 and leave on the evening of June 15, visiting Samsung Electronics and Kakao over a one-night, two-day trip. He will hold a DX Insight Talk event with Samsung’s DX division employees in Suwon on June 15. Afterward, he will meet Kakao CEO Jeong Shin-a (정신아) in Pangyo to discuss additional cooperation, Kakao said.

Telecommunications & Media

Broadcast Media Telecommunications Commission moves to build K-FAST ecosystem to open 47 trillion won overseas market

South Korea\'s Broadcast Media Telecommunications Commission is moving to build an advertising-supported free streaming TV (FAST) ecosystem, saying the media industry needs to develop strategies around global distribution platforms such as FAST as advertising revenue declines. At a corporate meeting in Suwon on June 4, the commission heard views from platform operators, broadcasters, channel operators and technology firms. The global FAST market is forecast to grow to 47 trillion won by 2030 from 18 trillion won in 2025.