Altman Makes AI Deal with Samsung, SK to Buy Chips, Build Data Centers in Korea
Samsung commits to supply up to 900,000 advanced DRAM wafers monthly and develop floating data centers to support OpenAI's $500 billion Stargate AI infrastructure project.
- On Oct. 1, Samsung Electronics and OpenAI announced a massive strategic partnership to build AI data center infrastructure, with a signing ceremony in Seoul attended by Samsung Vice Chairman Young Hyun Jun and OpenAI executives.
- OpenAI's Stargate initiative reportedly requires up to $500 billion in hyperscale AI data centers, prompting partnerships beyond Microsoft amid intense spending by Google and others.
- Samsung Electronics will supply advanced DRAM solutions potentially reaching 900,000 wafers per month, prompting production overhauls to meet Stargate demand, the company said.
- As an immediate outcome, Samsung SDS will design and operate new AI data centers and resell OpenAI's services in Korea, while IGIS Asset Management pledged $1.3 billion to build two Busan data centers.
- Samsung C&T and Samsung Heavy Industries will develop floating data centers to address land scarcity and reduce cooling costs, while analysts say this move positions Samsung as an infrastructure partner and raises geopolitical questions.
28 Articles
28 Articles
Samsung joins OpenAI Stargate, to supply memory and tech powering the massive AI project
Samsung, OpenAI, and affiliated Samsung companies sign a letter of intent for a strategic partnership to jointly develop global AI data center infrastructure, with an emphasis on floating data centers and high-performance semiconductor solutions.
South Korean Chip Giants Partner with OpenAI on $500 Billion Stargate Project
Samsung Electronics and SK Hynix have partnered with OpenAI to supply memory chips for the $500 billion Stargate project, aiming to build two data centers in South Korea and expand AI infrastructure. The partnership strengthens the global AI market presence of South Korean companies, contributing to the growing demand for specialized chips.
Samsung and OpenAI have announced a strategic partnership in a new press release. The goal is to advance the expansion of international infrastructure for AI data centers. They also plan to jointly develop AI technologies for various business areas. Samsung isn't the only party involved in the agreement... Read the article: Samsung and OpenAI enter into strategic partnership You can support us with every purchase you make through Amazon. Your pr…
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