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

Top Memecoin Holders Expected to Attend Trump Luncheon

Poland Probes Zondacrypto As CEO Reportedly Flees to Israel

Polymarket traders win $37K after Paris weather data glitch, raising suspicion

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

Top Memecoin Holders Expected to Attend Trump Luncheon

by CryptoExpert
April 24, 2026
0
Cointelegraph

In a repeat of 2025, top holders of US President Donald Trump’s memecoin, Official Trump (TRUMP), will gather for a private event that many critics have described as...

Read more

Poland Probes Zondacrypto As CEO Reportedly Flees to Israel

by CryptoExpert
April 24, 2026
0
Cointelegraph

Zondacrypto’s crisis deepened on Friday after Polish outlet Onet reported that CEO Przemysław Kral had gone to Israel as prosecutors investigate the exchange over alleged fraud and investor...

Read more

Polymarket traders win $37K after Paris weather data glitch, raising suspicion

by CryptoExpert
April 23, 2026
0
An Error Occurred: Not Found

Ruben Hallali, a meteorologist, told French media outlet BFMTV the sudden temperature fluctuation recorded at a weather station at the Charles de Gaulle Airport was unlikely to be...

Read more

An Error Occurred: Not Found

by CryptoExpert
April 23, 2026
0
An Error Occurred: Not Found

An Error Occurred: Not Found The server returned a "404 Not Found". Something is broken. Please let us know what you were doing when this error occurred. We...

Read more

Blockchain Capital Boosts Crypto Bet With $700M Fundraise

by CryptoExpert
April 23, 2026
0
Blockchain Capital Boosts Crypto Bet With $700M Fundraise

Crypto-focused venture capital firm Blockchain Capital is in the process of raising another $700 million for two new funds, according to Bloomberg, citing a person familiar with the...

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) $ 77,603.00
ethereum
Ethereum (ETH) $ 2,318.36
tether
Tether (USDT) $ 1.00
xrp
XRP (XRP) $ 1.43
bnb
BNB (BNB) $ 637.18
usd-coin
USDC (USDC) $ 0.999799
solana
Solana (SOL) $ 86.30
tron
TRON (TRX) $ 0.323117
figure-heloc
Figure Heloc (FIGR_HELOC) $ 1.03
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?