[Press Backgrounder] San Francisco AI Summit Launches Global Investment Initiative to Propel Korea’s Rise as an Indispensable AI Powerhouse

- Strategic investment partnerships with global technology leaders set to accelerate the three mega-projects unveiled on June 29- Korea to establish itself as an indispensable pillar of the global AI supply chain and a global hub driving the growth of new AI markets- Summit produces USD 950 billion in investment and cooperation commitments, including semiconductor partnerships and the development of AI data centers with a combined capacity of 5 GW ​ The Ministry of Science and ICT (MSIT), headed by Deputy Prime Minister and Minister of Science and ICT Bae Kyung-hoon, announced that it hosted the San Francisco AI Summit in San Francisco on Friday, July 24. The summit brought together leading Korean and global companies at the forefront of the AI revolution. * (Korean participants): Samsung Electronics Chairman Lee Jae-yong; SK Group Chairman Chey Tae-won; Hyundai Motor Group Executive Chair Chung Euisun; and NAVER Founder and Chairman Lee Hae-jin (Global participants): NVIDIA Founder and CEO Jensen Huang; Broadcom President and CEO Hock Tan; OpenAI CEO Sam Altman; and Anthropic Co-founder and CEO Dario Amodei ​ Held in San Francisco, a cradle of advanced technology and home to th...