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NVIDIA CEO Huang Announces $500B Partnership with SK Group, Major Naver Investment on July 24

GateNews
AI Industry News
NVDA-0.83%
SK-3.81%
Naver-5.68%
SK Hynix-8.33%

According to Yonhap Infomax, NVIDIA CEO Jensen Huang announced on July 24 (local time) in San Francisco that the company will establish a $500 billion business partnership with South Korea's SK Group. Huang also revealed plans for major investments in Naver, South Korea's leading cloud company, and partnerships with SK Hynix and Samsung Electronics on chip and memory design.

Huang further announced the establishment of an NVIDIA AI Frontier Lab in South Korea, with leading AI researchers relocating from California. The initiative will involve collaboration with KAIST to develop large language models specifically for South Korea's AI advancement.

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rootvip
· 1h ago
Buy the dip and enter 😎
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