Nvidia Supplies 260K AI Chips to South Korea, Google Bard Privacy Concerns

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Nvidia is significantly expanding its artificial intelligence infrastructure in South Korea, announcing plans to supply over 260,000 AI chips to the government and major companies including Samsung Electronics, SK Hynix, and Hyundai Motor. These chips will power advancements in AI development, national cloud computing centers, smart factories, robotics, and autonomous vehicles. Hyundai, in particular, will utilize 50,000 Nvidia Blackwell GPUs for digital twins of its production lines, while SK Group will deploy over 50,000 GPUs for chip research and development. Nvidia CEO Jensen Huang expressed optimism about South Korea becoming a global AI leader and a regional AI hub, capable of exporting intelligence. The company also plans to establish an AI research center in South Korea. These developments occur amidst ongoing discussions about U.S.-China trade relations and their impact on chip exports. Meanwhile, the rapid adoption of AI tools like ChatGPT and Google Bard in workplaces raises privacy concerns, as sensitive company data may be exposed through unapproved 'shadow AI' usage. Companies are urged to establish clear policies and educate employees on safe AI practices. In the financial sector, UBS has appointed Daniele Magazzeni as its Chief AI Officer to drive its AI strategy, while experts suggest banks can leverage AI across lending, customer contact, risk management, fraud detection, and compliance. Cisco has also released SecureBERT 2.0, an AI model for enhanced cybersecurity threat analysis available on HuggingFace and GitHub. Separately, a report indicates that 67% of libraries worldwide are exploring AI, with academic libraries leading implementation for student learning and content discovery. An economist, however, attributes recent shifts in the job market primarily to Federal Reserve monetary policy rather than the widespread impact of AI, suggesting AI's broader labor market effects are still years away.

Key Takeaways

Nvidia will supply over 260,000 AI chips to South Korea's government and companies like Samsung, SK Hynix, and Hyundai to boost AI infrastructure.
Hyundai will use 50,000 Nvidia Blackwell GPUs for AI factories and digital twins, while SK Group will deploy over 50,000 GPUs for chip R&D.
Nvidia plans to establish an AI research center in South Korea to foster sovereign AI development and tailored applications.
The widespread use of AI chatbots like ChatGPT and Google Bard in workplaces poses privacy risks due to potential exposure of sensitive company data.
UBS has appointed Daniele Magazzeni as its Chief AI Officer to lead and advance the bank's AI strategy.
Experts suggest banks can enhance operations in lending, customer contact, risk management, fraud detection, and compliance through AI.
Cisco has released SecureBERT 2.0, an advanced AI model for cybersecurity threat analysis, available on HuggingFace and GitHub.
A report indicates that 67% of libraries globally are exploring or implementing AI, with academic libraries leading the adoption.
An economist argues that Federal Reserve monetary policy, not AI, is the primary driver of recent job market shifts.
Technology and semiconductor stocks, including Apple and Nvidia, have seen gains driven by strong earnings and new AI-related deals.

Nvidia partners with South Korea to boost AI

Nvidia will supply over 260,000 AI chips to South Korea's government and major companies like Samsung Electronics, SK Hynix, and Hyundai Motor. This partnership aims to advance the country's artificial intelligence infrastructure and technologies. The chips will support a national AI cloud computing center, enhance manufacturing processes, and accelerate the development of advanced semiconductors. Hyundai and Nvidia will also collaborate on self-driving cars, smart factories, and robotics using Nvidia's Blackwell GPUs. Nvidia CEO Jensen Huang expressed hope for future chip sales to China, pending U.S. government decisions.

Nvidia boosts South Korea's AI with major chip deals

Nvidia is supplying more than 260,000 advanced AI chips to South Korea's government, Samsung, LG, and Hyundai. These chips will be used in factories to produce semiconductors, robots, and autonomous vehicles, positioning South Korea as an AI export hub. Nvidia CEO Jensen Huang announced the deals during the APEC summit in Gyeongju. The partnerships are part of Nvidia's global expansion of AI infrastructure. Huang also discussed potential U.S.-China trade relations affecting chip exports to China.

Nvidia rolls out 260,000 AI chips in South Korea

Nvidia announced significant deals in South Korea to support the nation's sovereign artificial intelligence development, including the deployment of 260,000 AI chips. These chips will be provided to South Korean companies and research institutions like KAIST to help build their own AI infrastructure. Nvidia CEO Jensen Huang stated the company's commitment to South Korea becoming a global AI leader. Nvidia also plans to establish an AI research center in South Korea to develop new AI applications tailored for Korean industries.

Nvidia partners with South Korea for AI development

Nvidia will provide hundreds of thousands of its graphics processing units (GPUs) to South Korean businesses and the government to enhance AI infrastructure. The announcement was made by Nvidia CEO Jensen Huang and South Korean President Lee Jae Myung. These GPUs will support a national AI cloud computing center, aid Samsung and SK Hynix in improving manufacturing processes, and power Hyundai's advancements in self-driving cars, smart factories, and robotics. Nvidia's chips were also discussed in talks between U.S. President Trump and Chinese President Xi Jinping regarding chip export restrictions.

Nvidia to send over 260,000 AI chips to South Korea

Nvidia announced it will supply more than 260,000 advanced AI chips to South Korea's government and major companies like Samsung Electronics. This deal supports South Korea's goal to become a regional AI hub. Nvidia CEO Jensen Huang stated that Korea can now produce intelligence as a new export. The chips will be used in smart factories for semiconductor and vehicle manufacturing, and by internet companies like Naver and Kakao. The partnership comes as Nvidia navigates U.S.-China trade tensions affecting chip exports.

Nvidia partners with South Korea on AI

Nvidia will supply hundreds of thousands of its graphics processing units to South Korean businesses and the government to advance the country's artificial intelligence capabilities. This plan was announced by Nvidia CEO Jensen Huang and South Korean President Lee Jae Myung. The partnership aims to boost AI infrastructure and technologies within South Korea.

Nvidia and Korean giants build AI factories

Nvidia is partnering with Hyundai, SK Group, and Samsung Electronics to provide over 260,000 GPUs for next-generation AI factories and smart manufacturing in South Korea. Hyundai will use 50,000 GPUs for digital twins of production lines, while SK Group will deploy over 50,000 GPUs for chip R&D. Samsung and Nvidia will collaborate on automated chip production. These partnerships highlight the growing demand for AI hardware and signal a transformation across industries.

Nvidia deepens AI ties with Korean tech leaders

Nvidia CEO Jensen Huang is in South Korea to strengthen partnerships with Samsung, Hyundai, SK, and Naver, focusing on AI-powered networks and intelligent systems. The collaborations aim to advance autonomous driving, smart factories, and AI-driven telecommunications. Hyundai will use Nvidia's AI for mobility solutions, Samsung for integrating AI into products, SK Group for diverse AI-driven business units, and Naver for building advanced AI infrastructure. These partnerships underscore the growing importance of AI across industries.

Nvidia expands AI partnerships in South Korea

Nvidia CEO Jensen Huang is strengthening collaborations with Hyundai Motor, Samsung, SK, and Naver in South Korea, announcing new plans for AI development. South Korea will receive over 260,000 Nvidia GPUs for AI demands. Samsung and Nvidia are partnering on AI factories and 6G technology, while Hyundai will use Nvidia's AI for autonomous mobility and smart factories. SK Group is building an AI cloud, and Naver Cloud is developing next-generation AI services. These partnerships signify a fusion of AI and hardware across industries.

Hyundai and Nvidia expand AI partnership for mobility

Hyundai Motor Group and Nvidia are expanding their partnership to create an AI factory using Nvidia's Blackwell architecture. This collaboration will support autonomous driving, smart manufacturing, and robotics. A memorandum of understanding was signed with the Ministry of Science and ICT of South Korea. The initiative includes training AI models with 50,000 Nvidia Blackwell GPUs and investing $3 billion in Korea's physical AI infrastructure. This partnership aims to foster innovation and establish Korea as a leader in AI.

South Korea embraces AI revolution with Nvidia partnership

Nvidia CEO Jensen Huang announced a major initiative at the APEC Summit to build South Korea's AI infrastructure with over 260,000 NVIDIA GPUs. This partnership involves the Ministry of Science and ICT, Samsung Electronics, SK Group, Hyundai Motor Group, NAVER Cloud, and LG. The collaboration focuses on sovereign AI, AI factories, and foundational AI research, including Korean language models and quantum computing. Nvidia is also working with Samsung on AI-RAN and 6G infrastructure, and with LG on healthcare AI models.

AI chatbots pose privacy risks in workplaces

The rapid adoption of AI chatbots like ChatGPT and Google Bard in offices is creating a privacy crisis, with sensitive company data at risk. Many employees use these tools without IT approval, potentially exposing proprietary information. Some AI chatbots are not designed to protect user privacy, and user data can be trained on without consent. Companies must educate employees on safe AI usage and establish clear policies to manage the risks of 'shadow AI,' where employees use unapproved tools.

New ideas tackle 'shadow AI' problem

A recent report indicates that 27% of workers use unapproved AI applications, highlighting the prevalence of 'shadow AI.' Companies often lack clear AI usage policies and enforcement. Security experts suggest proactive measures like continuous monitoring for unsanctioned tools, establishing clear policies, and offering secure alternatives to employee-chosen AI. A new concept involves embedding disclaimers in company documents to warn users about AI risks, aiming to encourage more responsible AI use.

Malaysia's AI future discussed at Asean summit

Sam Majid, CEO of Malaysia's National AI Office, discussed the future of artificial intelligence in the ASEAN region at the Bloomberg Business Summit in Kuala Lumpur. He addressed the policies shaping AI development, as well as the opportunities and risks ahead for the region.

KPMG rates staff on AI use in performance reviews

KPMG LLP will now evaluate how employees use the firm's artificial intelligence tools as part of their annual performance reviews. This move signifies the growing impact of AI in the consulting world. KPMG aims to ensure all staff integrate AI into their work to measure the value of their AI investments, rather than policing its use. The firm is developing tools to track employee engagement with AI.

Academic libraries increasingly adopt AI

A report by Clarivate shows that 67% of libraries worldwide are exploring or implementing AI, with academic libraries leading the way. Academic libraries prioritize AI for student learning and content discovery, while public libraries focus on community engagement. Libraries that provide AI training and encourage AI use report higher implementation rates and librarian optimism. However, AI adoption and optimism vary by region, with U.S. libraries lagging behind.

Economist: Fed policy, not AI, explains job market shifts

While job openings have fallen 30% and the stock market has risen 70% since ChatGPT's launch, economist Derek Thompson argues that Federal Reserve monetary policy, not AI, is the main cause. Job openings peaked before ChatGPT's release, and the Fed's interest rate hikes aimed to cool the economy. Sectors with the largest job opening increases are not typically AI-heavy. While AI is impacting some jobs, its widespread effect on the labor market is likely years away.

UBS appoints Daniele Magazzeni as Chief AI Officer

UBS has appointed Daniele Magazzeni as its Chief Artificial Intelligence Officer (CAIO) to advance its AI strategy and innovation. Magazzeni, formerly Chief Analytics Officer at J.P. Morgan, will lead UBS's AI strategy, focusing on business performance, client experience, and employee productivity. He will oversee the Chief Artificial Intelligence Office, responsible for scaling AI solutions across the organization. Magazzeni will be based in London and report to the Group Chief Operations and Technology Officer.

Tech and AI stocks rally on positive news

Technology and semiconductor stocks saw gains driven by strong earnings from Apple, new Nvidia deals, and advancements in robotaxi services. The Technology Select Sector SPDR Fund and the SPDR S&P Semiconductor ETF both rose. Apple projected significant revenue growth, and Nvidia's expanding AI partnerships fueled investor optimism. These developments highlight continued market confidence in the AI and automation sectors.

AI can boost bank operations in five key areas

Experts suggest banks should view artificial intelligence not as a single entity but as multiple tools for practical application. AI can improve lending by increasing approvals and personalizing collections, and enhance customer contact through faster query handling and secure voice biometrics. Risk management benefits from real-time analysis, while AI can streamline fraud detection and compliance. Successful AI integration requires weaving it throughout the organization rather than confining it to one team.

Cisco's SecureBERT 2.0 enhances cybersecurity AI

Cisco has released SecureBERT 2.0, an advanced AI model designed for cybersecurity applications. Building on the original SecureBERT, this new version offers improved contextual understanding of technical language, code, and mixed-format data. It enables faster and more accurate threat analysis, incident triage, and vulnerability detection. SecureBERT 2.0 is available on HuggingFace and GitHub, providing a powerful tool for security analysts to process complex threat intelligence and improve security operations.