President Lee Jae-myung will visit San Francisco, United States, on the 24th (local time) to meet in succession with the heads of global big tech companies, including Anthropic, OpenAI, Nvidia, and Broadcom. As the government recently released the "Korea three mega projects" worth 4,700 trillion won with corporations such as Samsung Electronics and SK Group, the presidential office is expecting a message of "expanding semiconductor demand" from global big tech.

Policy Chief Kim Yong-beom gives a preliminary briefing on President Lee Jae-myung's trip to the United States and South America at the Chunchugwan press room at the Blue House on the 22nd. /Courtesy of Yonhap News

Kim Yong-beom, presidential office policy chief, said at a briefing at Chunchugwan on the 22nd, "President Lee will arrive in San Francisco on the morning of the 24th and meet with global big tech corporations CEOs." At this meeting, President Lee will meet in turn with Dario Amodei, Anthropic CEO; Sam Altman, OpenAI CEO; Jensen Huang, Nvidia CEO; and Hock Tan, Broadcom president and CEO.

Separately from the meetings, President Lee will also attend the "AI summit event," which will include U.S. big tech figures and about 150 Korean business leaders, such as Lee Jae-yong, Samsung Electronics chairman; Chey Tae-won, SK Group chairman; Chung Eui-sun, Hyundai Motor Group chairman; and Lee Hae-jin, Naver executive chairman. The presidential office said it expects to strengthen execution by linking investment in Korea's advanced artificial intelligence (AI) industries with global capital.

According to Kim, at the summit event, memorandums of understanding (MOUs) will be signed between Korean corporations and big tech corporations. President Lee will also release the "San Francisco AI declaration" and attend a discussion. In particular, at this venue, Korean corporations and big tech corporations plan to announce each company's AI innovation strategies and investment plans and discuss ways to cooperate.

President Lee will then host a dinner inviting Korean corporations and big tech corporations. Kim said, "We will highlight Korea's irreplaceable stature in the global AI ecosystem and express to the world the intent for AI cooperation between Korea and big tech corporations."

On the 25th, the next day, a "Silicon Valley venture investment meet-up" is scheduled. Leaders of Silicon Valley venture capital (VC) firms—Andreessen Horowitz, General Catalyst, Sequoia Capital, Khosla Ventures, Lightspeed Venture Partners, and New Enterprise Associates—will attend to sign MOUs with the National Pension Service (NPS). A roundtable will follow to discuss cooperation in the U.S.-Korea venture ecosystem.

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