President Lee Jae Myung raises a toast with attendees during a dinner with global AI leaders at a restaurant in San Francisco, July 24. Yonhap
SAN FRANCISCO — Korean conglomerates and global tech giants, including Nvidia Corp., agreed Friday to pursue a series of cooperation projects that together are worth $950 billion, a senior presidential official said.
The projects include a long-term deal under which SK Group will supply $750 billion worth of high-performance semiconductors to global tech firms, including Nvidia, presidential chief of staff for policy Kim Yong-beom said at a press briefing.
The agreement was reached during a high-level meeting in San Francisco that brought together the chiefs of global tech firms and the heads of Korean conglomerates, including Samsung Electronics Executive Chairman Lee Jae-yong and SK Group Chairman Chey Tae-won.
OpenAI CEO Sam Altman and Nvidia CEO Jensen Huang were also among those who attended the meeting.
