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South Korea President Lee Looking to Open New Era of AI in with Global Tech Companies

Lee outlined South Korea’s AI ambitions and global supply-chain role as Nvidia and SK Group announced a $500 billion-plus initiative.

  • South Korean President Lee Jae Myung hosted an AI summit in San Francisco on Friday, unveiling the "San Francisco AI Declaration" to outline South Korea's vision for technological cooperation with the United States.
  • This summit follows Lee's June unveiling of three state-driven projects worth more than US$576 billion, designed to build semiconductor production clusters and AI ecosystems positioning South Korea as a global technology leader.
  • On the sidelines, Nvidia and SK Group unveiled a $500 billion-plus initiative spanning large-scale AI data centres and next-generation memory; SK Telecom plans a 2-gigawatt data centre powered by Vera Rubin chips.
  • OpenAI CEO Sam Altman and Nvidia CEO Jensen Huang attended the event as demand for computing infrastructure outpaces supply, driving tech companies into closer partnerships with South Korea's semiconductor and memory leaders.
  • On Saturday, Lee will meet with South Korea's National Pension Service and U.S. venture-capital firms to encourage further investment in South Korean start-ups, continuing efforts to attract global capital and technology partners.
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The president of South Korea, Lee Jae Myung, promoted on Friday (24), in San Francisco, a dome on artificial intelligence (AI) that brought together executives of the main technology developers and leaders of the largest South Korean conglomerates, in one more step to turn the country into a global power in the sector. Exclusive material for subscribers. To have full access, access the link of the subject and register.

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On the 24th (local time), President Lee Jae-myung attended the 'San Francisco AI Summit' held in San Francisco, USA, and announced the 'San Francisco AI Declaration,' which contains Korea's new vision for the AI era. President Lee began by stating, "The Republic of Korea is

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President Lee, in the San Francisco AI Declaration, announced that Korea will leap forward as a key nation in the global AI supply chain. He unveiled his vision at the San Francisco AI Summit, stating that Korea will become a global AI hub through three major mega-projects, serving as both a semiconductor production base and a supply chain partner. President Lee Jae-myung, currently visiting San Francisco, USA, envisions an AI-based society wher…

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technewstube.com broke the news on Saturday, July 25, 2026.
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