Lee Seeks Tech Support for Korea AI Projects

South Korean President Lee Jae Myung met Nvidia, OpenAI, Anthropic and Broadcom chief executives in San Francisco on July 24, calling for greater participation in South Korea's AI investment projects, Yonhap reports. Reuters reported that Lee also convened an AI summit with Korean business leaders and unveiled the San Francisco AI Declaration on technological cooperation with the United States.
South Korean President Lee Jae Myung met separately with the chief executives of Nvidia, OpenAI, Anthropic and Broadcom in San Francisco on July 24, seeking their participation in South Korea's AI investment projects, according to Yonhap News Agency.
The meetings occurred during a two-day visit focused on AI investment and cooperation between South Korea and major US technology companies. Yonhap reported that Lee introduced a semiconductor-production-cluster proposal and AI data-center investments in his meeting with Nvidia CEO Jensen Huang. Korea JoongAng Daily reported that the discussions also covered semiconductors, data centers, sovereign AI and large language models.
Lee subsequently hosted an AI summit attended by Huang, OpenAI CEO Sam Altman, Anthropic CEO Dario Amodei, Broadcom CEO Hock Tan, and senior South Korean business figures, Reuters reported. Samsung Electronics Executive Chairman Jay Y. Lee, SK Group Chairman Chey Tae-won, Hyundai Motor Group Executive Chair Euisun Chung and Naver founder Lee Hae-jin attended.
Declaration and infrastructure agenda
At the summit, Lee unveiled the San Francisco AI Declaration, outlining South Korea's ambitions for technological cooperation with the United States, Reuters reported. In remarks quoted by Reuters, Lee said he wanted to present a vision for AI's future and propose global cooperation to make it happen. SBS reported that Lee described South Korea as seeking to become a global AI production base, an innovation foundation and a platform for AI cooperation.
The agenda connects AI model development and deployment to the supply of accelerators, memory, data-center capacity and related power infrastructure. Reuters framed the diplomatic push against rapidly growing demand for chips and compute, which has increased the importance of South Korea's semiconductor and memory suppliers in the AI supply chain.
For AI practitioners, national AI programs of this scale are consequential when they result in accessible compute, domestic cloud capacity, research collaborations and production-grade deployment partnerships. Comparable public-private infrastructure initiatives often create opportunities for model training, inference optimization and sovereign-data workloads, while their practical value depends on procurement details, capacity allocation and operating economics that were not specified in the reported accounts.
Nvidia and SK partnership
At the summit, Huang said Nvidia and SK Group would announce a business partnership valued at $500 billion, SBS reported. Reuters likewise reported that Nvidia and SK unveiled a $500 billion-plus initiative spanning large-scale AI data centers and next-generation technology, although the retrieved Reuters text did not provide the full terms.
Korea JoongAng Daily reported that Huang referenced potential cooperation with Korean companies involving chip and memory design with SK hynix and Samsung Electronics, autonomous Genesis vehicles and robotics with Hyundai Motor Group, and power-generation systems with LG. Those reported areas are broad, and the available coverage does not establish product specifications, deployment schedules or binding commercial commitments for each project.
Nvidia also announced a joint AI research laboratory with the Korea Advanced Institute of Science and Technology (KAIST) at KAIST's Kim Jaechul Graduate School of AI in Seoul, according to Nvidia's corporate blog. Nvidia described it as its first joint AI lab with a Korean university and said the work would focus on agentic AI research.
The combination of an industry summit, proposed infrastructure investment and an academic lab places the event across multiple layers of the AI stack. Publicly reported collaborations can improve a country's access to hardware and research expertise, but practitioners will need subsequent disclosures on GPU volumes, data-center buildouts, cloud availability, model governance and research outputs to assess their operational significance.
Key Points
- 1Lee met four major US AI and semiconductor leaders, linking Korea's proposed AI investments to cross-border technology cooperation.
- 2Reported Nvidia-SK discussions place compute infrastructure and memory supply alongside model development in Korea's AI agenda.
- 3Comparable national AI initiatives matter to practitioners when they produce usable compute capacity, research access and clearly governed deployment programs.
Scoring Rationale
The summit brings together a major AI hardware supplier, frontier-model developers and South Korea's leading semiconductor and industrial groups. Reported large-scale data-center and supply-chain initiatives could materially affect regional compute availability and AI infrastructure partnerships, although key commercial and technical terms remain undisclosed.
Sources
Primary source and supporting public references used for this report.
View 4 more sources
- South Korea President Lee hosts US tech summit, calls for new AI erareuters.com
- (LEAD) Lee meets OpenAI, Nvidia CEOs, calls for greater ...en.yna.co.kr
- Lee meets with OpenAI, Nvidia, Broadcom, Anthropic ...koreajoongangdaily.com
- President Lee and Jensen Huang Meet... "SK and Nvidia to ...news.sbs.co.kr
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