Key facts
- Nvidia CEO Jensen Huang announced a $500 billion partnership with SK Group.
- The partnership aims to boost AI infrastructure and chip production in South Korea.
- Nvidia will also partner with Hyundai Motor Group on a self-driving Genesis sedan.
- President Lee Jae Myung met with CEOs of Nvidia, OpenAI, Anthropic, and Broadcom.
- Lee seeks greater participation from global tech firms in South Korea's AI investment plans.
- An MOU on AI security and the cyber industry will be signed between Anthropic and South Korea's science ministry.
South Korean President Lee Jae Myung met with top executives from global tech firms, including Nvidia CEO Jensen Huang, during his visit to San Francisco. During the meeting with Huang, Nvidia announced a $500 billion partnership with South Korea's SK Group, aimed at bolstering AI infrastructure and chip production. This collaboration also includes plans for Nvidia to partner with Hyundai Motor Group on developing a self-driving Genesis sedan.
President Lee expressed his vision for South Korea to become a leading global player in the AI supply chain, emphasizing the country's existing strengths in memory semiconductors. He highlighted the nation's large-scale investment plans for building a semiconductor production cluster and AI data centers.
In separate meetings, Lee engaged with the CEOs of OpenAI, Anthropic, and Broadcom, urging their greater participation in South Korea's AI investment initiatives. OpenAI CEO Sam Altman described South Korea as a crucial country for AI development, while Anthropic CEO Dario Amodei announced an upcoming memorandum of understanding with South Korea's science ministry concerning AI security and the cyber industry.