Son Jeong-ui "Will continue discussions"… Indicates 'Stargate' collaboration with Samsung and OpenAI
Sam Altman, Son Jeong-ui, and Lee Jae-yong Hold Trilateral Meeting
Son Jeong-ui: "Discussed Mobile and AI Strategies"
Samsung Shows Potential for Collaboration Following Active Engagement
Son Jeong-ui, Chairman of SoftBank Group, hinted at the possibility of collaboration shortly after a trilateral meeting with Sam Altman, CEO of OpenAI, and Lee Jae-yong, Chairman of Samsung Electronics, on the 4th, stating that "we had a very good discussion."
After about two hours of meeting at the Samsung Electronics headquarters located in Seocho-gu, Seoul, Son told reporters in response to the question, "Was there any progress?" that this was the case. The meeting included CEO Altman, Chairman Son, Chairman Lee, and Ren? Haas, CEO of Arm, a major semiconductor design company in which SoftBank holds a 90% stake.
Currently, Chairman Son is promoting the 'Stargate' project together with CEO Altman and Larry Ellison, Chairman of Oracle. The Stargate project is a massive initiative aiming to invest $500 billion (approximately 729 trillion won) in the United States to establish an AI company called Stargate and build physical and virtual infrastructure for the next generation of AI development.
When asked whether Samsung had decided to join Stargate, Son indicated the possibility of cooperation by saying, "We will continue discussions going forward." CEO Haas also said, "Samsung is an excellent partner," adding, "I have nothing more to say beyond that." With Chairman Lee embarking on active management activities, various discussions on cooperation in multiple fields are expected following this meeting.
They revealed that they discussed mobile and AI strategies during the meeting. Son emphasized, "Korea has excellent engineers and technology," and added, "Therefore, I believe Korea has a bright future. AI is becoming very important in every country."
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When asked if any decisions had been made, he replied, "We are starting updates and discussions." CEO Altman arrived in Korea the night before and met with SK Group Chairman Chey Tae-won, Kakao CEO Jeong Sin-ah, Krafton CEO Kim Chang-han, among others, to discuss cooperation. He is scheduled to depart later that day and visit India, Dubai, Germany, and other countries sequentially.
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