Altman Meets 50 Samsung Executives in South Korea as OpenAI Expands AI Chip Ties
Updated
Updated · CNBC · Nov 2
Altman Meets 50 Samsung Executives in South Korea as OpenAI Expands AI Chip Ties
3 articles · Updated · CNBC · Nov 2
Summary
Samsung said Sam Altman met about 50 executives from its electronics, finance and biotech affiliates during an unannounced weekend visit to Yongin, south of Seoul.
Those talks focused on AI developments, business opportunities and how the technology could reshape corporate decision-making and operations, while local media said Altman also met SK Group Chairman Chey Tae-won.
SK Hynix and SK Telecom executives reportedly joined the SK meeting, where the sides may have discussed high-bandwidth memory supplies and AI data center cooperation, though participants gave no details and SK Hynix would not confirm it.
The visit builds on partnerships announced in October 2025 under OpenAI's Stargate initiative, which targets global AI infrastructure expansion with South Korea supplying advanced memory chips and potentially hosting AI data centers.
Altman's return also follows a July meeting with Samsung Chairman Jay Y. Lee in San Francisco, underscoring OpenAI's push to deepen ties in a country it sees as a leading AI-ready market.