OpenAI launches $500B Stargate project in South Korea — Forbes

Shares of Samsung Electronics and SK Hynix soared after news of a strategic partnership with OpenAI to advance artificial intelligence infrastructure in South Korea. The $500 billion Stargate project aims to build massive AI data centers powered by cutting-edge memory chips.

Forbes reported

The deal covers the supply of advanced HBM and DRAM chips and the construction of new data centers in Seoul and the southern regions. Sam Altman, OpenAI’s CEO, said Korea has “all the ingredients to become a global AI leader,” citing top tech talent, strong government backing, and world-class infrastructure.

Beyond Samsung and SK Hynix, other South Korean tech giants like Kakao may also join. OpenAI plans to roll out ChatGPT Enterprise solutions in the region, further solidifying South Korea’s role as a key player in the global AI race.