[Altman meets Samsung executives on AI, memory chips]

Published: Oct 31, 2026 23:04 (GMT+8)
OpenAI founder Sam Altman met Samsung executives in South Korea on Saturday to deepen memory chip and AI infrastructure cooperation. Samsung said it hosted Altman in Yongin, south of Seoul, arranging talks with about 50 executives from affiliated businesses including Samsung Electronics, finance and biotech. The talks covered how AI will reshape industries, decision-making and business opportunities over the next decade, and advanced prior cooperation plans under which Samsung will supply memory chips for OpenAI's Stargate project and collaborate on AI data centers, including offshore floating facilities. Samsung is also accelerating AI use across R&D, manufacturing, marketing and corporate operations.

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM's internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or for more information, please contact: lemonzhao@smm.cn
For more information on how to access our research reports, please contact:service.en@smm.cn
Related News
[Xpeedic unveils Agentic AI platform Agent Evo for design workflows]
4 mins ago
[Xpeedic unveils Agentic AI platform Agent Evo for design workflows]
Read More
[Xpeedic unveils Agentic AI platform Agent Evo for design workflows]
[Xpeedic unveils Agentic AI platform Agent Evo for design workflows]
At its 2026 user ecosystem conference on Oct 30, Xpeedic unveiled Agent Evo, an Agentic AI super-agent platform for engineering task orchestration in chip and system design scenarios, embedding super-agents for advanced packaging, packaging and PCB, and multi-physics coupling. R&D vice president Jiang Liguo said the platform, driven by time compression and collaborative architecture optimization, can improve design iteration efficiency fourfold and cut manual operations by 80%.
4 mins ago
[TCL CSOT begins equipment installation for t8 line, world-first printed OLED G8.6]
8 mins ago
[TCL CSOT begins equipment installation for t8 line, world-first printed OLED G8.6]
Read More
[TCL CSOT begins equipment installation for t8 line, world-first printed OLED G8.6]
[TCL CSOT begins equipment installation for t8 line, world-first printed OLED G8.6]
TCL CSOT said on Oct 31 that an equipment moving-in ceremony for its t8 project was held in Guangzhou the same day, with main production equipment entering the site, moving construction of the world's first printed OLED G8.6-generation line from the plant construction phase into equipment installation and commissioning. The project involves a total investment of about RMB 29.5 billion and a designed monthly glass substrate processing capacity of about 22,500 sheets, producing mainly for tablets, laptops and monitors, with potential extension to flexible and foldable displays.
8 mins ago
[Hainan Computing, Tencent Cloud team up on 'AI + computing']
9 mins ago
[Hainan Computing, Tencent Cloud team up on 'AI + computing']
Read More
[Hainan Computing, Tencent Cloud team up on 'AI + computing']
[Hainan Computing, Tencent Cloud team up on 'AI + computing']
On Oct 29, Hainan Provincial Computing Technology Co. and Tencent Cloud signed a strategic cooperation agreement covering computing infrastructure, large-model token services and AI office applications, for an integrated "AI + computing" solution for Hainan's government and enterprise sectors. The token cooperation covers commercial collaboration on large-model token services and paths to commercialize token going global and cross-border computing output. Tencent Cloud will also provide Hainan Computing and its customers with resources and services spanning high-performance and intelligent computing, storage and networking, supporting large-scale training and inference on the provincial AI platform with stable, flexible supply.
9 mins ago
[Altman meets Samsung executives on AI, memory chips] - Shanghai Metals Market (SMM)