IT Home, October 31 — According to Bloomberg, as the global shortage of memory chips intensifies, OpenAI CEO Sam Altman met today (the 31st) with senior executives from Samsung Group in South Korea, with both parties planning to further strengthen cooperation on memory chip supply and AI infrastructure development.
According to Samsung's statement, Altman met with approximately 50 executives from Samsung's electronics, finance, and biotechnology divisions in Yongin City. The two sides discussed the impact of AI on industry landscapes, corporate decision-making, and business development over the next decade.
A shortage of various storage products is putting pressure on the global electronics industry, causing chip prices to rise sharply. Demand for data center construction continues to grow, intensifying competition among operators for storage chips. The five leading companies in AI infrastructure plan to invest over $3 trillion (approximately RMB 20.01 trillion at current exchange rates) in the coming years, with storage chip expenditures accounting for about one-third of total data center spending.
Reports indicate that South Korea leads in advanced memory chip manufacturing, and the adoption of AI technology among local businesses and consumers is accelerating. Since last year, NVIDIA CEO Jensen Huang and AMD CEO Lisa Su have each visited Korea twice to strengthen supply chain collaboration. Several tech industry executives have previously warned that chip manufacturing capacity struggles to keep up with continuously growing market demand.
This meeting also continues the previously announced collaboration plan. According to the published cooperation arrangement, Samsung will supply storage chips to OpenAI’s “Project Stargate” infrastructure initiative, and the two parties will jointly build AI data centers, including offshore floating data centers. Meanwhile, Samsung is also accelerating the integration of AI technologies across its own operations, covering areas such as R&D, manufacturing, marketing, and enterprise operations.