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South Korea Courts AI Giants for Global Dominance
25 Jul
Summary
- South Korea aims to become a global AI powerhouse.
- Leaders from Nvidia, OpenAI, Anthropic met in San Francisco.
- A $500 billion-plus AI initiative was announced by Nvidia and SK Group.
South Korea is making a significant push to become a global leader in artificial intelligence. President Lee Jae Myung convened an AI summit in San Francisco, bringing together executives from leading technology companies such as Nvidia, OpenAI, and Anthropic, as well as prominent South Korean business figures.
During the event, President Lee unveiled a "San Francisco AI Declaration," outlining the country's vision for AI leadership and enhanced technological cooperation with the United States. He expressed South Korea's commitment to playing a pivotal role in the global AI supply chain.
A substantial partnership was announced between Nvidia and SK Group, involving a $500 billion-plus initiative dedicated to developing large-scale AI data centers and next-generation memory technologies. SK Telecom plans to construct a new data center by 2027, utilizing advanced chips from Nvidia and SK Hynix.
