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

June 11, 2023 Alex Rustok



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 (OTC:).

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.

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