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.
21 Articles
21 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 Announce Strategic Partnership To Accelerate Advancements in Global AI Infrastructure
OpenAI, Samsung Electronics, Samsung SDS, Samsung C&T and Samsung Heavy Industries today announced a letter of intent (LOI) for their strategic partnership to accelerate advancements in global AI data center infrastructure and develop future technologies together in relevant fields. This expansive collaboration will bring together the collective strengths and leadership of Samsung companies across semiconductors, data centers, shipbuilding, clou…
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