Nvidia CEO Huang Announces $500 Billion Partnership with SK in South Korea for AI Frontier Lab

Nvidia CEO Jensen Huang announced a landmark $500 billion business partnership with South Korea's SK Group during a meeting with President Lee Jae-myung in San Francisco. This significant collaboration aims to bolster South Korea's capabilities in artificial intelligence and semiconductor development.

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Nvidia and SK Group will announce a business partnership worth $500 billion.

The partnership extends beyond SK Group, involving major South Korean corporations such as Samsung Electronics, SK Hynix, Hyundai Motor, and Naver. These collaborations will span various cutting-edge fields, including AI, advanced chip design, memory design, autonomous driving technology, and AI solutions for factories, homes, and power generation systems.

Central to the initiative is the establishment of an 'AI Frontier Lab' in South Korea. Nvidia will deploy core AI researchers from California to the new facility. In collaboration with the Korea Advanced Institute of Science and Technology (KAIST), the lab will focus on developing a large language model (LLM) specifically designed for South Korea, emphasizing a "made for Korea, built in Korea, serving Korea" approach.

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The global community is at a critical juncture of fundamental transformation, and Jensen Huang is at the forefront of this change. South Korea is actively embracing the new era centered on AI.

President Lee Jae-myung lauded Huang's role at the forefront of the AI revolution, stating that South Korea is actively embracing a new era centered on AI. He recalled Huang's commitment during the APEC meeting to assist with GPU supply, enabling South Korea to accelerate its AI development. Lee highlighted the government's upcoming 'Three Major Mega Projects' aimed at building an AI-centric society and nation.

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It is no exaggeration to say that now is South Korea's AI golden age.

Huang expressed his enthusiasm for South Korea's vision of becoming an 'AI Native Nation,' noting the country's rapid progress and the populace's passion for AI. He shared his positive impressions from a recent visit to Seoul, including the local cuisine and the vibrant energy surrounding AI development. Huang declared that under President Lee's leadership, South Korea has made astonishing progress, calling it an "AI golden age."

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This is just the beginning.