OpenAI CEO visits South Korea as country seeks to encourage AI development

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OpenAI CEO visits South Korea as country seeks to encourage AI development
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SEOUL : Open AI Chief Executive Sam Altman is set to meet with South Korean President Yoon Suk Yeol and about 100 local startups on Friday, as the country seeks to encourage domestic competitiveness in artificial intelligence. After crisscrossing Europe last month meeting lawmakers and national leaders to

SEOUL : Open AI Chief Executive Sam Altman is set to meet with South Korean President Yoon Suk Yeol and about 100 local startups on Friday, as the country seeks to encourage domestic competitiveness in artificial intelligence.

South Korea is one of few countries that has developed its own foundation models for artificial intelligence in a field dominated by the United States and China, thanks to local tech firms such as Naver, Kakao, and LG. Naver said it has been keen to develop localised AI applications for countries with political sensitivities in the Middle East as well as for non-English speaking countries, such as Spain and Mexico, the Financial Times reported in May, citing a Naver executive.

The European Union is moving ahead with its draft AI Act, which is expected to become law later this year, while the United States is leaning toward adapting existing laws for AI rather than creating whole new legislation.

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