Monday, May 20, 2024
HomeFinanceOpenAI CEO Sam Altman to satisfy Samsung, SK Hynix in Korea

OpenAI CEO Sam Altman to satisfy Samsung, SK Hynix in Korea



OpenAI Chief Govt Officer Sam Altman is visiting leaders of South Korea’s semiconductor business this week, because the artificial-intelligence pioneer weighs an formidable transfer into chip manufacturing.

Altman, who arrived in Seoul Thursday night, is touring Samsung Electronics Co.’s chip fabrication crops in Pyeongtaek on Friday, in accordance with an individual accustomed to the matter. He’ll meet the highest government of Samsung’s semiconductor enterprise, in addition to divisional heads of the foundry, reminiscence and system LSI items, stated the individual, who requested to not be named because the matter is personal. He’s additionally scheduled to satisfy the CEO of rival SK Hynix Inc. and SK Group Chairman Chey Tae-won to debate methods to collaborate, the individual stated.  

Since OpenAI launched ChatGPT greater than a yr in the past, curiosity in AI purposes has skyrocketed, spurring large demand for the computing energy and processors wanted to construct and run these AI packages. Altman has repeatedly stated there already aren’t sufficient chips for his firm’s wants.

It’s not clear what the targets of Altman’s Korea journey are. He has been working to boost billions of {dollars} to arrange a community of factories to fabricate semiconductors, Bloomberg Information reported this month. Samsung has been increasing its foundry enterprise, which manufactures chips to the designs of its prospects. 

Representatives for Samsung and SK Hynix declined to remark. OpenAI representatives didn’t instantly reply to requests for remark.

South Korea is a frontrunner in high-end chip manufacturing, dominating the market with Taiwan. Taiwan Semiconductor Manufacturing Co. is the main foundry on the earth, crafting chips for the likes of Apple Inc. and Nvidia Corp.

The Korean authorities this month outlined a blueprint involving funding of 622 trillion gained ($466 billion) from the personal sector within the years main as much as 2047. They are going to spend the cash to construct 13 new chip crops and three analysis services, on prime of an current 21 fabs. Spanning Pyeongtaek to Yongin, the realm is anticipated to be the biggest on the earth, able to producing 7.7 million wafers month-to-month by 2030.

The world’s two largest reminiscence chipmakers are attempting to construct their most subtle chip crops at residence. Samsung is betting large on the foundry growth as a part of a 500 trillion gained funding by 2047. SK Hynix goals to speculate 122 trillion gained in reminiscence in Yongin over the identical interval. 

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