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AI and Data Centre Chips

Sam Altman meets SK's Chey Tae-won in Seoul to review HBM supply and AI data centre plans

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OpenAI chief executive Sam Altman had lunch in Seoul with SK Group chairman Chey Tae-won and executives from SK hynix and SK Telecom, the Seoul Economic Daily reports, citing business sources. What was discussed was not disclosed. Industry officials expect the topics were existing projects: high-bandwidth memory (HBM) supply under the October 2025 letter of intent and the planned AI data centre with SK Telecom in south-western Korea. The paper links the timing to a Financial Times report that OpenAI cut its infrastructure fundraising target to US$20 billion from US$30 billion.

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