Invest In Crypto News
  • Home
  • Latest News
    • Bitcoin News
    • Altcoin News
    • Ethereum News
    • Blockchain News
    • Doge News
    • NFT News
    • Video
    • Market Analysis
    • Business
    • Finance
    • Politics
    • Mining
    • Regulation
    • Technology
  • Top 10 Cryptos
  • Market Cap List
  • IC DAO
  • Donations
  • Contact
  • Buy Crypto
  • IC DAO
No Result
View All Result
Invest In Crypto News
  • Home
  • Latest News
    • Bitcoin News
    • Altcoin News
    • Ethereum News
    • Blockchain News
    • Doge News
    • NFT News
    • Video
    • Market Analysis
    • Business
    • Finance
    • Politics
    • Mining
    • Regulation
    • Technology
  • Top 10 Cryptos
  • Market Cap List
  • IC DAO
  • Donations
  • Contact
  • Buy Crypto
  • IC DAO
No Result
View All Result
Invest In Crypto News
No Result
View All Result

OpenAI CEO highlights South Korean chips sector for AI growth, investment

CryptoExpert by CryptoExpert
June 10, 2023
in Business
0
OpenAI CEO highlights South Korean chips sector for AI growth, investment
  • Facebook
  • Twitter
  • Pinterest


You might also like

Goliath Ventures Faces SEC, CFTC Suits Over $400M Ponzi

Gold Hits 2-Month High Above $4,400 as China Keeps Hoarding

Bank of Russia Proposes 3 Crypto Assets for Exchange Trading

Sam Altman, the CEO of ChatGPT developer OpenAI, met with South Korean President Yoon Suk Yeol on June 9 and urged South Korea to play a leading role in manufacturing the chips needed for artificial intelligence (AI) technology. Altman also expressed an interest in investing in Korean startups and collaborating with bigger chipmakers like Samsung Electronics. 

According to local news media, the CEO suggested South Korea should focus on chips — as both system semiconductors and memory chips are needed for AI — and reduce corporate regulations to foster AI projects and work toward setting international standards.

Altman, who recently embarked on a journey across Europe to engage with policymakers and leaders to discuss the potential and challenges of AI, has now extended his travels to include Israel, Jordan, Qatar, the United Arab Emirates, India and South Korea.

OpenAI CEO Sam Altman and Korean President Yoon Suk Yeol shake hands at the Yongsan District, central Seoul presidential office on June 9.

During a conference in Seoul, Altman expressed his intention to expand investment in Korean startups, stating, “We are actively exploring avenues to increase our investment in Korean startups.“

Phemex

When questioned about potential collaborations with Korean chip manufacturers such as Samsung Electronics and SK Hynix, Altman confirmed ongoing discussions and expressed his willingness to engage further in the dialogue. According to Nikkei Asia, Korea’s Samsung Electronics accounts for more than 40% of the dynamic random access memory chip sector.

Altman explained that AI relies on transferring large volumes of data, leading to an increased demand for memory chips. He further mentioned that OpenAI currently utilizes chips from Taiwan, but added that there will be a need for a supply of chips from Korea in the future.

The swift advancement and widespread adoption of generative AI — following the launch of ChatGPT by OpenAI with support from Microsoft — is prompting lawmakers worldwide to create regulations addressing the safety implications associated with the technology.

The European Union is progressing with its draft Artificial Intelligence Act, expected to be enacted this year, while lawmakers in the United States have proposed two new bipartisan bills targeting issues of transparency and innovation in AI.

Related: AI could threaten humanity in 2 years, warns UK AI task force adviser

Altman expressed his admiration for how Koreans embraced and experimented with ChatGPT upon its release, stating that Korea was among the earliest adopters of the service and exhibited remarkable creativity in its usage.

The CEO shared that OpenAI is actively involved in the process of establishing an office in Japan. Additionally, he said it would consider opening more offices worldwide as part of future plans.

Magazine: 25K traders bet on ChatGPT’s stock picks, AI sucks at dice throws, and more



Source link

  • Facebook
  • Twitter
  • Pinterest
CryptoExpert

CryptoExpert

Recommended For You

Goliath Ventures Faces SEC, CFTC Suits Over $400M Ponzi

by CryptoExpert
August 12, 2026
0
Cointelegraph

The US Securities and Exchange Commission (SEC) and Commodity Futures Trading Commission (CFTC) filed separate civil lawsuits on Tuesday against Goliath Ventures and founder Christopher Delgado over an...

Read more

Gold Hits 2-Month High Above $4,400 as China Keeps Hoarding

by CryptoExpert
August 11, 2026
0
Gold Hits 2-Month High Above $4,400 as China Keeps Hoarding

Key TakeawaysGold crossed $4,400 on Aug. 11 before spot prices eased to $4,378.50 by noon EDT.China’s PBOC added 20 tonnes of gold in July, extending its buying streak...

Read more

Bank of Russia Proposes 3 Crypto Assets for Exchange Trading

by CryptoExpert
August 11, 2026
0
Cointelegraph

Russia’s central bank has compiled a proposed list of crypto assets that could be admitted to public trading on exchanges under new rules approved last week.The list includes...

Read more

NYSE Builds Onchain Settlement Rails for Tokenized Securities

by CryptoExpert
August 11, 2026
0
NYSE Builds Onchain Settlement Rails for Tokenized Securities

Key TakeawaysNYSE President Lynn Martin confirmed onchain settlement plans building on DTCC’s July pilot.NYSE participated in DTCC’s tokenization pilot in July, ahead of an October full launch.The move...

Read more

Bitdeer increased Bitcoin mining output by nearly fivefold in Q2

by CryptoExpert
August 10, 2026
0
Cointelegraph

Bitdeer mined 2,694 BTC in Q2, but ended the quarter holding just 150 BTC after liquidating its treasury earlier this year. Source link

Read more
Next Post
Taking a Closer Look at How Crypto is Changing the Face of Online Gaming

Taking a Closer Look at How Crypto is Changing the Face of Online Gaming

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Browse by Category

  • Altcoin News
  • Bitcoin News
  • Blockchain News
  • Business
  • Doge News
  • Ethereum News
  • Finance
  • Market Analysis
  • Mining
  • NFT News
  • Politics
  • Regulation
  • Technology
  • Trending Cryptos
  • Video

Sitemap

  • Market Cap
  • Donations
  • Trading
  • Mining
  • Contact

Legal Information

  • Privacy Policy
  • Anti-Spam Policy
  • Copyright Notice
  • DMCA Compliance
  • Social Media Disclaimer
  • Terms Of Service

Categories

  • Altcoin News
  • Bitcoin News
  • Blockchain News
  • Business
  • Doge News
  • Ethereum News
  • Finance
  • Market Analysis
  • Mining
  • NFT News
  • Politics
  • Regulation
  • Technology
  • Trending Cryptos
  • Video

© Copyright 2024 InvestInCryptoNews.com

No Result
View All Result
  • Home
  • Latest News
    • Bitcoin News
    • Altcoin News
    • Ethereum News
    • Blockchain News
    • Doge News
    • NFT News
    • Video
    • Market Analysis
    • Business
    • Finance
    • Politics
    • Mining
    • Regulation
    • Technology
  • Top 10 Cryptos
  • Market Cap List
  • IC DAO
  • Donations
  • Contact
  • Buy Crypto
  • IC DAO

© Copyright 2024 InvestInCryptoNews.com

This website is using cookies to improve the user-friendliness. You agree by using the website further.

Privacy policy
bitcoin
Bitcoin (BTC) $ 63,317.00
ethereum
Ethereum (ETH) $ 1,882.31
tether
Tether (USDT) $ 0.999116
bnb
BNB (BNB) $ 609.27
usd-coin
USDC (USDC) $ 0.999544
xrp
XRP (XRP) $ 1.01
solana
Solana (SOL) $ 75.76
tron
TRON (TRX) $ 0.335444
staked-ether
Lido Staked Ether (STETH) $ 2,265.05
figure-heloc
Figure Heloc (FIGR_HELOC) $ 1.04

Pin It on Pinterest

Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?