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

Crypto Investors Could Lose Key Tax Advantage Under New House Proposal – Bitcoin News

US lawmakers Warn Against Presidential Pardon for Sam Bankman-Fried

BitGo Launches MiCA Crypto Infrastructure In Europe

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.“

okex

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

Crypto Investors Could Lose Key Tax Advantage Under New House Proposal – Bitcoin News

by CryptoExpert
June 18, 2026
0
Crypto Investors Could Lose Key Tax Advantage Under New House Proposal – Bitcoin News

Key TakeawaysProposed legislation would extend wash sale restrictions to many cryptocurrency transactions.Investors could face limits on claiming losses after rapid asset repurchases.Exemptions cover qualified U.S. dollar stablecoins and...

Read more

US lawmakers Warn Against Presidential Pardon for Sam Bankman-Fried

by CryptoExpert
June 17, 2026
0
Cointelegraph

Two US lawmakers on opposite sides of the political aisle are backing a resolution that “under no circumstances should Samuel Bankman-Fried receive executive clemency, including a pardon or...

Read more

BitGo Launches MiCA Crypto Infrastructure In Europe

by CryptoExpert
June 17, 2026
0
Cointelegraph

BitGo, a crypto custody company, is moving into Europe’s tighter regulatory landscape as exchanges race to maintain access ahead of a key licensing deadline.BitGo Europe launched a crypto-as-a-service...

Read more

Up to 75% of EU Crypto Firms Risk Losing Their License on July 1

by CryptoExpert
June 17, 2026
0
Up to 75% of EU Crypto Firms Risk Losing Their License on July 1

Key TakeawaysMiCA’s transition period ends July 1, requiring EU crypto firms to hold a full CASP license or stop serving clients.Only about 210 of 1,200-plus VASPs have converted...

Read more

Robinhood Cuts Workforce as Tenev Says Business Is Stronger Than Ever

by CryptoExpert
June 16, 2026
0
Cointelegraph

Stock and crypto trading platform Robinhood is cutting 10% of its workforce as it restructures its organization, a move the company said will improve efficiency.CEO Vlad Tenev told...

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) $ 64,189.00
ethereum
Ethereum (ETH) $ 1,742.35
tether
Tether (USDT) $ 0.998946
bnb
BNB (BNB) $ 589.56
usd-coin
USDC (USDC) $ 0.999879
xrp
XRP (XRP) $ 1.18
solana
Solana (SOL) $ 71.53
tron
TRON (TRX) $ 0.320507
figure-heloc
Figure Heloc (FIGR_HELOC) $ 1.02
staked-ether
Lido Staked Ether (STETH) $ 2,265.05

Pin It on Pinterest

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