Reported 1 day ago
Nvidia announced plans to supply up to 260,000 AI chips to South Korean companies and the government, significantly increasing the country's AI chip usage. This initiative, part of South Korea's push for AI sovereignty, includes deals with major firms like Samsung, SK Group, Hyundai, and NAVER Cloud, and aims to enhance the nation's domestic AI infrastructure. As China’s market dwindles for Nvidia due to trade conflicts, the company is focusing on sovereign AI deals globally, predicting a major growth in revenue from such initiatives.
Source: YAHOO