OpenAI CEO highlights South Korean chips sector for AI growth, investment

According to regional news media, the CEO suggested South Korea should focus on chips– as both system semiconductors and memory chips are needed for AI– and lower corporate policies to promote AI projects and work toward setting global standards.Altman, who recently embarked on a journey across Europe to engage with leaders and policymakers to talk about the possible and challenges of AI, has actually now extended his travels to include Israel, Jordan, Qatar, the United Arab Emirates, India and South Korea.OpenAI CEO Sam Altman and Korean President Yoon Suk Yeol shake hands at the Yongsan District, main Seoul presidential workplace on June 9. According to Nikkei Asia, Koreas Samsung Electronics accounts for more than 40% of the vibrant random gain access to memory chip sector.Altman described that AI relies on moving large volumes of information, leading to an increased demand for memory chips. He even more pointed out that OpenAI currently uses chips from Taiwan, but included that there will be a need for a supply of chips from Korea in the future.The swift development and widespread adoption of generative AI– following the launch of ChatGPT by OpenAI with support from Microsoft– is triggering lawmakers worldwide to produce policies dealing with the security ramifications associated with the technology.The European Union is advancing with its draft Artificial Intelligence Act, expected to be enacted this year, while legislators in the United States have proposed two brand-new bipartisan expenses targeting issues of transparency and innovation in AI.