OpenAI CEO Sam Altman met with about 50 senior Samsung Group executives in Yongin, South Korea, on October 31 to discuss how artificial intelligence will reshape industries and corporate strategy over the next decade, Samsung confirmed in a company statement. The Samsung Altman meeting, first reported by Bloomberg, also covered deepening cooperation around memory chips and AI infrastructure as global shortages of high-end memory intensify.

Samsung hosted the talks at its Human Resources Development Center in Yongin, Gyeonggi Province, bringing together presidents and top executives from affiliates spanning electronics, finance and biotechnology, according to the Korea Herald. The theme of the session was “The Next 10 Years Shaped by AI: The Enterprise’s Choice.”

What Was Discussed

Participants exchanged views on where AI technology is heading, how it will be used, and what new markets and business opportunities could emerge, DigitalToday reported. The agenda also covered how corporate decision-making and organizational operations will change with AI, and what leadership capabilities executives will need to navigate the shift.

Korean media named Samsung Electronics vice chairman Jun Young-hyun and Samsung SDI CEO Choi Joo-sun among the attendees. The session was the group’s second intensive AI program for its top leadership, following an initial round in June, as Samsung accelerates AI adoption across research, manufacturing, marketing and administrative functions.

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Graphic: GPTOnline

The Memory-Chip Angle

Bloomberg reported that the meeting aimed to deepen cooperation on memory chips and AI infrastructure, a sensitive topic as AI data center buildouts strain global supplies of high-bandwidth memory. Samsung is one of only a handful of suppliers able to produce the advanced memory that OpenAI’s Stargate infrastructure project requires

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A semiconductor wafer being handled in a fab. Photo: Purdue Engineering (CC BY 4.0), via Wikimedia Commons

Local media also reported that Altman met executives at SK Hynix, Samsung’s crosstown rival and another critical memory supplier, during the same South Korea visit, though Samsung’s statement did not confirm that meeting. One report added that Altman had lunch in Seoul with SK Group chairman Chey Tae-won.

Building on the 2025 Stargate Understanding

The Yongin session builds on a letter of intent Samsung Electronics signed with OpenAI in October 2025 to cooperate on global AI infrastructure, including plans to supply advanced memory chips for the Stargate project and to collaborate on AI data centers.

No New Deal Announced

Despite the chip-supply framing, no purchase agreement, chip allocation, delivery schedule or dollar figure came out of the meeting, according to every outlet that covered it. The confirmed record describes talks and strategic alignment, not a signed contract.

Why It Matters

Altman is the latest in a line of American tech leaders traveling to South Korea, the world’s leading producer of advanced memory chips, as AI labs race to lock in hardware for the next wave of data centers. For Samsung, the visit doubles as executive education: the company is pushing AI into its own operations while positioning itself as an indispensable supplier to the labs building the models.

Sources