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Nvidia chief pledges massive investment, cooperation with S. Korea in meeting with Lee

President Lee Jae Myung held a meeting with N... This will let Google show news articles that match or are related to your search (ATTN: CHANGES headline, lead; UPDATES with more info from 3rd para) By Park Boram SAN FRANCISCO, July 24 -- President Lee Jae Myung held a meeting with Nvidia Corp.

  • Chief Executive Officer (CEO) Jensen Huang on Friday, during which the tech executive unveiled a series of large cooperation projects with South Korean tech firms, including a US$500 billion business partnership with SK Group.
  • The meeting took place on the first day of Lee's two-day trip to San Francisco aimed at promoting AI investment and cooperation between global tech giants and South Korea.
  • Huang was referring to investment plans that Nvidia is expected to commit to during an artificial intelligence (AI) meeting in San Francisco, which brought together the chiefs of global tech firms and the heads of South Korean conglomerates, including Samsung Electronics Co.
  • Chairman Lee Jae-yong and SK Group Chairman Chey Tae-won.

South Korean President Lee Jae Myung met with... This will let Google show news articles that match or are related to your search (ATTN: RECASTS headline; UPDATES throughout with more info, photos) By Park Boram SAN FRANCISCO, July 24 -- South Korean President Lee Jae Myung met with the heads of four global tech giants, including Nvidia Corp. Chief Executive Officer Jensen Huang, on Friday and called for their greater participation in South Korea's artificial intelligence (AI) investment plans. The meetings took place on the first day of Lee's two-day trip to San Francisco aimed at promoting AI investment and cooperation between global tech giants and South Korea.

Lee also met separately with OpenAI CEO Sam Altman, Anthropic PBC CEO Dario Amodei and Broadcom Inc. CEO Hock Tan. President Lee Jae Myung (R) holds a meeting with OpenAI Chief Executive Officer Sam Altman in San Francisco on July 24, 2026. During his meeting with Huang, the South Korean president praised him as being at the forefront of a "fundamental shift" taking place around the world and introduced South Korea's recently announced large-scale investment plans to build a semiconductor production cluster and AI data centers. The plans aim to provide further momentum after growing global demand for semiconductors amid the AI boom has helped push South Korean into becoming one of the world's major chip supply hubs.

Lee expressed hope that the Nvidia CEO will play a greater role in South Korea's investment drive, saying the projects will help transform the country into an AI-driven society. Huang underscored what he called South Koreans' enthusiasm for AI, stressing that the country has entered a golden era under Lee's leadership. The president responded by highlighting his pledge to make South Korea a global leader in applying AI to the real world.

President Lee Jae Myung (R) and Jensen Huang, the chief of U.S. tech giant Nvidia Corp., shake hands during their meeting in San Francisco on July 24, 2026. In a separate meeting with Altman, the president again stressed his government's push to transform the country's industrial structure around AI, adding that he enjoys using OpenAI's ChatGPT. He also asked Altman to play a greater role in South Korea's investment plans, while Altman described South Korea as one of the world's most important countries in AI development. Meeting Amodei, Lee asked for his special attention to South Korea's AI sector.

The president said, "As South Korea plans to significantly expand investment in the AI sector, I hope for Anthropic's special attention, investment and contributions. Amodei thanked Lee, noting the South Korean government's priority on AI, and said he expects a wide range of cooperation with South Korea."

Source: Yonhap, Yonhap

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