Nvidia Partner with the Government of South Korea, companies to increase the development of AI

Gyeongju, South Korea (AP) – Silicon Valley chipmaker Nvidia plans to provide hundreds of thousands of its business processing projects with South Korean businesses and technology to advance the country’s intelligence technology infrastructure.

The plan was announced Friday by the government, Nvidia, and some of South Korea’s biggest companies, including chipmakers Samsung Electronics, SK Hynix and auto giant Hyundai Motor, after President Lee Jae Myunge met with Nvidia CEO Jensen Huang Huang.

Huang has received rockstar treatment reminiscent of Apple’s Steve Jobs since he arrived in South Korea on Thursday to attend meetings of the Asia-Pacific Economic Cooperation forum in Gyeongju. Like APEC, South Korea is using the gathering of world leaders to show its ambitions in AI.

According to Lee’s office and companies, NVIDIA will provide about 260,000 GPUs to support South Korea’s AI and manufacturing capabilities.

About 50,000 GPUs will be used to support the government’s project to build a national AI computer center and nvidia will provide the same amount of GPUs to SK to help improve their manufacturing processes and accelerate the development of advanced semiconductors.

Hyundai and Nvidia say they plan to collaborate on technologies related to self-driving cars, smart factories and robotics, a process that will be powered by Nvidia’s advanced Blackwell GPUS.

Santa Clara-based NVIDIA, whose GPU chips are powerful in the global AI industry, was included in the speeches of Chinese President Dyeongju, where the leaders agreed to take steps to reduce the escalating trade war.

After the meeting, Trump said he discussed the sale of computer chips to China. Trump and former president Joe Biden have placed restrictions on China’s access to more advanced chips, including those used for AI. Trump said China will talk to Nvidia about buying their chips, but not the company’s latest Blackwell Ai Chips.

In August, Trump announced an agreement with Nvidia and AMD, another driver of the chipmaker, to lift export controls on the sale of advanced capital to China, despite the reduction of China’s political and intelligence services.

Nvidia earlier this week confirmed that it has become the first $5 trillion company, just three months after the company passed the $4 trillion mark. The milestone underlines the uppreel driven by the AI ​​Craze, which is widely seen as the biggest technological change since Apple COUMERDER Jobs unveiled the first iPhone 18 years ago.

But there are also problems with a potential ai bubble. Officials at the Bank of England warned earlier this month that tech stock prices fueled by the AI ​​Boom could fall, and the head of an international fund issued a similar warning.

Hundreds of people, including journalists, gathered at a restaurant in southern Seoul on Thursday as Huang, dressed badly in fried chicken at Samsung Hee Jae Jae-Yong and Hyundai Motor Chung. The technical supervisors were banned from the glasses, took the bomb gun, and at the same time, Huang went down to the outside until the baskets of chicken and fried cheese in the crowd waiting outside.