Nvidia CEO Jensen Huang Announces $500 Billion Partnership with SK During Meeting with President Lee

Nvidia CEO Jensen Huang met with visiting President Lee Jae-myung in the United States and stated, "Nvidia and SK Group will announce a business partnership today (the 24th, local time), and the scale of this partnership reaches 500 billion dollars (approximately 730 trillion won)."

CEO Huang made the remarks while introducing plans for cooperation with South Korean companies during his meeting with President Lee.

He continued, "SK hynix, Samsung Electronics, and Nvidia will proceed with partnerships regarding chip design and memory design."

In addition, he noted, "We are also making a large-scale investment in Naver. As Naver is a leading cloud company in South Korea, we plan to support its expansion not only within South Korea but globally through this partnership."

In particular, he stated, "Through a partnership with Hyundai Motor Group, we will jointly develop autonomous Genesis vehicles."

Regarding the cooperation with Hyundai Motor, President Lee also responded by mentioning that Hyundai Motor Group plans to invest in robotics in the Saemangeum area of North Jeolla Province, saying, "Young people in South Korea and residents of the North Jeolla Province region have tremendous expectations."

CEO Huang further elaborated, "(Nvidia) is jointly developing power generation systems that can be used in factories and homes with LG."

He went on to introduce research cooperation in South Korea through the AI Frontier Lab and plans for Nvidia researchers to relocate to South Korea.

At the same time, he emphasized, "We plan to cooperate with KAIST to build 'Korea AI,' and we also have plans to develop a 'South Korea LLM (Large Language Model)' in South Korea for South Korea," adding, "We are establishing diverse partnerships to develop everything from AI chips to physical AI and infrastructure."

(Photo: Yonhap News)
※ Please note: This article was translated by AI and may contain errors.