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Nvidia announces deals with South Korea's SK Hynix, Naver and Doosan for AI data centres
Nvidia announces deals with South Korea's SK Hynix, Naver and Doosan for AI data centres (Corrects key words for media clients to NVIDIA-SOUTHKOREA/ from NVIDIA-SOUTH KOREA/) By Heekyong Yang SEOUL, June 8 : Nvidia on Monday announced deals with South Korea's SK Hynix, Naver and Doosan Group to build AI data centres and use the U.S. chip firm's technology, as it looks to continue driving the AI boom. The agreements come during a high-profile trip by Nvidia CEO Jensen Huang to South Korea...
South Korea's Naver to build gigawatt-scale AI factories using Nvidia technology
South Korea's Naver to build gigawatt-scale AI factories using Nvidia technology SEOUL, June 8 : Nvidia said on Monday that South Korean internet conglomerate Naver would use its technology to build AI factories at gigawatt scale to meet rising global demand for AI services and physical AI. The project is aimed at serving growing global demand for AI services and physical AI applications, Nvidia said.
Nvidia CEO says robotics is South Korea's next big sector, points to 'some suprises'
Nvidia CEO says robotics is South Korea's next big sector, points to 'some suprises' SEOUL: Nvidia CEO Jensen Huang on Friday (Jun 5) said robotics will be South Korea's next major sector, as he arrived for his second visit in seven months, underscoring deepening ties with local firms in not only chips but also robotics and AI factories. "Because Korea is a manufacturing centre of the world, we can apply the robotics technology, the physical AI technology that we invent here for the...
Tracking website, food watch: South Korea is obsessing over Nvidia CEO Jensen Huang's visit
Nvidia CEO Jensen Huang may not be a member of K-pop band BTS, but the interest in his visit to South Korea has reached levels one might expect of a global celebrity. A website named "Jensen Huang's Footprints" in Korean shows a map and timeline of his expected locations and meetings over the four-day visit, which starts Friday. Meals of smoky Korean barbecue and soju drinking sessions are anticipated.
South Korea nominates country's first female prime minister in two decades
South Korea nominates country's first female prime minister in two decades The 58-year-old Han Seong-sook is expected to lead the country's AI transformation. SEOUL: South Korean President Lee Jae Myung has chosen Han Seong-sook, the country's minister for small and medium-sized enterprises (SMEs) and startups, to be prime minister, the presidential office said on Sunday (Jun 7). If approved by parliament, Han would become South Korea's first female prime minister in 20 years.
South Korea's KOSPI craters nearly 9% as Fed fears hammer tech stocks
South Korea's KOSPI craters over 8% as Fed fears spark tech rout SEOUL, June 8 : South Korea's stock benchmark plunged over 8 per cent on Monday, tripping circuit breakers, after robust U.S. jobs data lifted bets on a Federal Reserve rate hike and unleashed a selloff in the tech‑heavy market that had powered the broader AI rally. The KOSPI fell 8.3 per cent to close at 7,484.41, marking its biggest daily fall since March 4. The index is now 15 per cent below the peak of 8,801.49 hit on June 2.
When Jensen charmed suits & streets
For one Friday night, Hongdae wasn't Seoul's trendiest neighbourhood. It was Jensen Huang's stage. The Nvidia chief executive landed in Seoul and promptly set the district ablaze - not with hyper-powered graphic-processing units, but with pork belly, fried chicken and an unusual gathering .
From barbecue diplomacy to AI deals: Five takeaways from Nvidia CEO Jensen Huang’s Asia tour
From barbecue diplomacy to AI deals: Five takeaways from Nvidia CEO Jensen Huang’s Asia tour Even as fans trailed him through Taipei and Seoul, Jensen Huang's visit revealed something more consequential - a glimpse into Nvidia's plans to stay on top of the global AI economy. SINGAPORE: For three weeks, Jensen Huang has been hard to miss. From late-night Korean barbecue dinners to baseball pitches and packed keynote halls, the Nvidia CEO’s swing through China, Taiwan and South Korea drew...
Samsung, LG shares rally ahead of Nvidia CEO meetings with Korean executives
Samsung, LG shares rally ahead of Nvidia CEO meetings with Korean executives (Corrects to Huang in second reference in paragraph 4) SEOUL, June 1 : Shares in Samsung Electronics, LG Electronics and other South Korean tech firms rallied on Monday, as expected meetings between Nvidia CEO Jensen Huang and Korean executives boosted hopes of tie-ups in AI and robotics. Chipmaker Samsung Electronics was also buoyed by data that South Korea's semiconductor exports surged to a record high in May on...