SoftBank's Arm plans a chip training facility in South Korea

SoftBank's Arm plans a chip training facility in South Korea

 


According to a presidential policy adviser on Friday, South Korea's industry ministry and SoftBank's chip division, Arm Holdings, have inked a deal to bolster the nation's semiconductor and artificial intelligence industries.

Kim Yong-beom told reporters during a briefing that the memorandum of understanding includes a plan for Arm to establish a chip design school in the nation to leverage its experience in this field.

In order to strengthen the comparatively poor system-semiconductor and fabless sectors in Asia's fourth-largest economy, Kim stated that the program would teach approximately 1,400 high-level chip design specialists. Arm, a British software and chip business, licenses its designs and receives royalties.

In a meeting with South Korean President Lee Jae Myung on Friday, SoftBank CEO Masayoshi Son predicted a sharp increase in semiconductor demand as AI develops.

Kim cited Son's words. Son reiterated on Friday that he thinks AI would eventually outsmart humans and that Artificial Superintelligence will be "10,000 times smarter than people."

He stated it was time to think about how to coexist peacefully with AI rather than focusing on the idea that humans could teach, control, or manage it.

South Korea aspires to rank among the top three AI powers in the world, and Lee has recently met with other international leaders in technology, such as Nvidia CEO Jensen Huang and OpenAI CEO Sam Altman.

Samsung Electronics and SK Hynix, two South Korean companies, signed letters of intent in October to provide memory chips for OpenAI's data centers.

In late October, Nvidia announced that it would provide the government of South Korea and some of the nation's largest companies, such as Samsung Electronics, with over 260,000 of its most cutting-edge AI chips.