Chey Tae-won, chairman of SK Group, had a luncheon meeting on October 31 with Sam Altman, CEO of OpenAI, during Altman's visit to South Korea. The discussion focused on potential collaborations in high-bandwidth memory (HBM) supply and the establishment of artificial intelligence (AI) data centers.
According to industry sources, Chey met with Altman at a location in Seoul, with key executives from SK Hynix and SK Telecom also in attendance.
While specific details of their conversation were not disclosed, it is believed they exchanged views on the current status and future direction of their collaboration in AI infrastructure, based on the strategic partnership established last year.
SK Group and OpenAI signed a letter of intent (LOI) for memory supply and a memorandum of understanding (MOU) for collaboration on AI data centers in the southwestern region at SK Serin Building in Jongno, Seoul, in October 2026. The agreement outlines their cooperation in building global AI infrastructure, focusing on memory semiconductor supply and domestic AI data center development.
Through this partnership, SK is set to play a key role in OpenAI's large-scale AI infrastructure project, known as the 'Stargate' project. At that time, SK Hynix announced plans to establish a production system capable of responding to requests for HBM supply of up to 900,000 wafers per month based on DRAM.
SK Telecom also agreed to jointly develop the AI data center with OpenAI. This initiative aims to explore AI use cases for businesses and consumers while collaborating on next-generation data center technology development.
Chey and Altman have maintained communication since the partnership was established. In July of this year, they met at the 'AI Summit' held in San Francisco to discuss long-term cooperation in the AI infrastructure sector.
* This article has been translated by AI.
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