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South Korea President Lee looking to open new era of AI in with global tech companies

By Thomson Reuters Jul 24, 2026 | 7:32 PM

By Max A. Cherney

SAN FRANCISCO, July 24 (Reuters) – South Korean President Lee Jae Myung hosted an AI summit in San Francisco on Friday, bringing together the ​heads of Nvidia, OpenAI, Anthropic and Broadcom with ‌top South Korean business figures to accelerate efforts by Seoul to make the country a global AI powerhouse.

In opening remarks, Lee said South Korea would lead the way to a new era of AI ‌in ​partnership with global technology companies.

Lee separately ⁠met Nvidia CEO Jensen ⁠Huang, OpenAI CEO Sam Altman, Anthropic CEO Dario Amodei and Broadcom CEO Hock Tan, before joining the South Korean government-backed summit in San Francisco.

Samsung Electronics Executive Chairman Jay ​Y. Lee, SK Group Chairman Chey Tae-won, Hyundai Motor Group Executive Chair Euisun Chung and Naver founder Lee ⁠Hae-jin also attended the summit.

President Lee ⁠delivered a keynote address unveiling a “San Francisco ​AI Declaration” that outlined South Korea’s AI ambitions and its ​vision for technological cooperation with the United States.

“I’d like ‌to present a vision for the future of AI and propose global cooperation to make it happen,” Lee said.

“South Korea will make the leap as a key nation in ⁠the global AI supply chain.”

According to South Korean officials, about 150 executives, investors, researchers and startup founders attended the summit.

On the ⁠sidelines of the ‌conference, Nvidia and SK Group unveiled a $500 ⁠billion-plus AI initiative spanning large-scale AI data centres ​and ‌next-generation memory.

As part of the agreement, SK ​Telecom plans ⁠to build a 2-gigawatt data centre powered by Vera Rubin chips and SK Hynix HBM4 high-bandwidth memory chips. The data centre is due online in 2027.

(Reporting by Heekyong Yang, Joyce Lee, Jack Kim and Max Cherney in San Francisco; Editing ​by Tom Hogue)