"The companies signed the letters of intent following a meeting in Seoul between OpenAI CEO Sam Altman, South Korea's president Lee Jae-myung, Samsung Electronics' executive chairman Jay Y. Lee, and SK chairman Chey Tae-won. Under the deal, Samsung and SK Hynix plan to scale their manufacturing to produce up to 900,000 high-bandwidth memory DRAM memory chips per month for use in Stargate and AI data centers."
"Just a couple of weeks ago, Nvidia said it would invest up to $100 billion in OpenAI as part of a deal that would give the ChatGPT maker access to more than 10 gigawatts of compute capacity via Nvidia's AI training systems. The following day, OpenAI said it would build out five data centers with SoftBank and Oracle for the Stargate project, aiming to increase its total compute capacity to 7 gigawatts."
OpenAI signed letters of intent with Samsung Electronics and SK Hynix to produce DRAM wafers and build AI data centers in South Korea after a Seoul meeting with senior leaders. Samsung and SK Hynix plan to scale manufacturing to produce up to 900,000 high-bandwidth memory DRAM chips per month for Stargate and other AI data centers, which SK Group said would more than double current industry capacity for such chips. Stargate, backed by OpenAI, Oracle, and SoftBank, targets $500 billion in spending for U.S. AI data centers. OpenAI is also coordinating with the Korean Ministry of Science and ICT and struck a separate deal with SK Telecom to build an AI data center.
Read at TechCrunch
Unable to calculate read time
Collection
[
|
...
]