Technology · 2026-10-31 · Morning briefing

OpenAI chief meets Samsung in South Korea over AI chip supply

Sam Altman, the chief executive of OpenAI, met with senior Samsung Group executives in South Korea on Saturday to discuss cooperation on memory chips and AI infrastructure. The meeting addresses the intensifying global shortages of high-performance components essential for developing and running large-scale artificial intelligence systems.

The talks were held in Yongin, south of Seoul, with about 50 executives from across Samsung's electronics, financial, and biotechnology divisions in attendance. While the immediate focus is on hardware supply, the agenda covered the broader reshaping of industries and corporate decision-making by AI over the next decade. The presence of Samsung's non-tech divisions suggests the conglomerate is exploring not just how to supply the AI boom, but how to deploy it across its own varied businesses.

Summary written by Cup of News with AI from the sources below. Check the originals for the full story.

Read the sources

• OpenAI Altman Meets Samsung Executives as Memory Crunch Deepens
• OpenAI says working with Samsung on next-generation chips, deepening cooperation
• Samsung, SK Group seal $1.23 trillion in deals as South Korea hosts AI powers
• Broadcom’s AI durability warning triggers sharp drop in SK Hynix, Samsung in Korea; Nvidia's China AI chip share falls as Huawei closes in
• OpenAI Adds Samsung Foundry to Its Silicon Program, Closing TSMC-Only Risk

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