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OpenAI Secures $500B for Stargate with Samsung, SK Hynix

OpenAI's $500 billion Stargate project gets a boost from Samsung and SK Hynix. South Korea stands to gain as a global AI tech hub.

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This picture is clicked inside the room. In this picture, we see a table on which laptop, speaker, monitor, keyboard, ball, mouse, scanner and papers are placed. In the left bottom of the picture, we see a table on which electronic goods are placed. Behind that, we see a wall on which charts and posters are pasted.

OpenAI Secures $500B for Stargate with Samsung, SK Hynix

OpenAI has sealed deals with Samsung and SK Hynix to provide advanced memory chips for its ambitious Gemini project. This initiative aims to invest a staggering $500 billion in new datacenters and compute capacity over the next four years.

The collaboration with Samsung and SK Hynix will kick off in 2023, focusing on supplying advanced DRAM memory chips. Together, they will also develop local AI data centers in South Korea. This move aligns with OpenAI's goal to meet the surging demand for AI infrastructure and support its cutting-edge AI models. For South Korea, this partnership presents an opportunity to cement its position in the global AI technology market, much like Nvidia's success.

OpenAI has already made significant strides, investing $100 billion and securing a deal with Oracle for datacenter power in the US. As part of the agreement, Samsung SDS will offer ChatGPT Enterprise to local businesses in South Korea.

OpenAI's Gemini project is set to transform the AI landscape, with South Korea playing a pivotal role. Through collaborations with Samsung, SK Hynix, and Samsung SDS, OpenAI aims to bolster its AI infrastructure, support advanced models, and propel South Korea into the big league of AI technology.

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