Nvidia chief announces $500 billion SK Group partnership in meeting with Lee

President Lee Jae Myung met Nvidia CEO Jensen Huang in San Francisco on July 24, where the executive outlined major cooperation projects including a $500 billion partnership with SK Group.

The meeting occurred on the first day of Lee's two-day trip to San Francisco, which aimed to promote AI investment and cooperation between global tech firms and South Korean conglomerates.

Huang said Nvidia plans to sign partnerships on chip design and memory design with SK hynix and Samsung Electronics. He also announced plans to jointly develop a self-driving Genesis sedan with Hyundai Motor Group and make a large-scale investment in Naver.

Huang added that Nvidia will work with the Korea Advanced Institute of Science and Technology to build a Korea AI and develop a large language model for South Korea. These commitments are expected during the AI meeting in San Francisco.

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Nvidia CEO Jensen Huang shaking hands with Samsung and SK hynix executives in a Seoul conference room to mark AI partnerships
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Nvidia CEO Huang concludes South Korea visit with AI partnerships

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Nvidia CEO Jensen Huang wrapped up his South Korea visit on June 9, emphasizing broader AI ecosystem cooperation. The trip produced multiyear partnerships with SK hynix and Samsung Electronics, plus discussions on physical AI.

Nvidia CEO Jensen Huang met SK Group Chairman Chey Tae-won in Taipei to discuss cooperation in AI memory chips.

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Nvidia CEO Jensen Huang met SK Group Chairman Chey Tae-won in Taipei to discuss AI memory cooperation. The meeting took place on Monday.

President Lee Jae Myung told venture capitalists in San Francisco on Saturday that South Korea and the United States should expand cooperation beyond their security alliance into technology, innovation and startups.

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South Korean President Lee Jae Myung met Dario Amodei of Anthropic in San Francisco on July 24 and requested support for the country's AI sector.

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