Altman Calls on China to Participate in Global AI Rulemaking

Sam Altman continues to call for coordinated international regulation of artificial intelligence. The OpenAI co-founder and CEO visited Seoul this past weekend to meet with South Korean President Yoon Suk Yeol, who issued a statement saying it is important to act “with a sense of speed” in establishing international standards or face unwanted “side effects.” Altman also virtually delivered a keynote address to Chinese AI researchers at an annual conference hosted by the Beijing Academy of Artificial Intelligence, calling on China to participate in global rulemaking. Continue reading Altman Calls on China to Participate in Global AI Rulemaking

Netflix Planning to Invest $2.5 Billion in South Korean Content

Netflix co-CEO Ted Sarandos met with South Korea President Yoon Suk Yeol during the Asian dignitary’s U.S. visit this week, prompting the company to commit a cool $2.5 billion toward the creation of Korean series, films and unscripted shows over the next four years. The amount is twice what Netflix has invested in the Korean market since it began streaming there in 2016. Netflix’s Korean partnership has produced global hits including “Squid Game,” “The Glory” and “Physical: 100.” “We have great confidence that the Korean creative industry will continue to tell great stories,” Sarandos said after meeting with Yoon in Washington, D.C. Continue reading Netflix Planning to Invest $2.5 Billion in South Korean Content

Biden Visits a Samsung Semiconductor Plant in South Korea

President Biden kicked-off his three-day visit to South Korea with a trip to a Samsung Electronics semiconductor plant, emphasizing an interest in strengthening supply chains and boosting competition with China in the technology sector. Biden remarked that the U.S. wants to shore-up business ties with allies including South Korea to offset the influence of  “countries that don’t share our values.” Located in Pyeongtaek, the plant churns out some of Samsung’s most advanced memory chips and is the largest semiconductor manufacturing facility in the world. South Korean President Yoon Suk-yeol was present, marking the pair’s first in-person visit. Continue reading Biden Visits a Samsung Semiconductor Plant in South Korea