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SK, Samsung, Naver chiefs prone to meet Nvidia CEO in US as AI demand expands

Seoul [South Korea], July 22 (ANI): The heads of South Korean tech conglomerates Samsung Electronics, SK Group, and Naver are heading to the United States to satisfy Nvidia Chief Executive Jensen Huang close to Silicon Valley this week, in response to a news report by The Korea Herald.

The high-profile assembly, seemingly scheduled for Friday, is predicted to deliver collectively Samsung Chairman Lee Jae-yong, SK Chairman Chey Tae-won, and Naver Chairman Lee Hae-jin. Chief executives Sam Altman of OpenAI and Dario Amodei of Anthropic may attend the gathering.

The go to marks the second gathering between the executives in six weeks, following Huang’s four-day journey to Seoul in early June. During that tour, Huang met management from SK, Naver, LG Group, Hyundai Motor Group, and Doosan to reveal expanded agreements. This week’s talks within the United States intention to advance these current initiatives relatively than introduce new initiatives.

The gathering coincides with SK hynix reporting its second-quarter earnings on Friday. The firm’s upcoming steering on high-bandwidth reminiscence pricing and capital spending arrives as international reminiscence and chip shares have declined by double digits from current peak ranges. Each of the three South Korean corporations approaches the talks with distinct operational agendas.

SK maintains the most important publicity to Nvidia via a co-development reminiscence deal that expanded in June throughout 4 platforms masking synthetic intelligence infrastructure, private AI, and bodily AI. SK Telecom additionally plans a gigawatt-scale AI cloud service in South Korea using Nvidia’s DSX platform.

SK Chairman Chey Tae-won mentioned in June that the group goals to complete its first home AI manufacturing unit in 2027 and construct in Japan later within the decade.

Naver is constructing an analogous computing mannequin. The firm plans to assemble an AI manufacturing unit combining graphics processing models with information heart house, energy, and cooling, subsequently promoting the ensuing capability as a service.

Under Nvidia’s plan, Naver will increase its Gak Sejong information heart to 55 megawatts and finally towards gigawatt scale. Naver additionally joined Nvidia’s Nemotron Coalition for open mannequin improvement as the primary Korean member and plans to launch an AI agent platform domestically within the second half of the yr.

The news report famous that capability of that scale requires main anchor tenants like OpenAI and Anthropic.

Samsung’s focus facilities on contract manufacturing for third-party chip designs. While trailing Taiwan’s TSMC in foundry market share, Samsung manufactures the Groq 3 LPU accelerator, which pairs with Nvidia’s Vera Rubin methods.

Jun Young-hyun, vice chairman and head of Samsung’s Device Solutions division, mentioned his assembly with Huang on June 8 lined next-generation foundry work together with HBM4E and HBM5.

Samsung Chairman Lee Jae-yong had skipped a dinner Huang held with different company chiefs in June. Recent trade studies indicated Anthropic is in early talks to make the most of Samsung’s 2-nanometer manufacturing course of for its personal AI chips, although neither agency confirmed the negotiations. Both Korean reminiscence suppliers at present ship HBM4 for Nvidia’s Vera Rubin platform, which reached full manufacturing in late May.

As per the news report, not one of the corporations confirmed the assembly or its finalized visitor listing as of but.(ANI)

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