Chairman Euisun Chung Visits Nvidia, Accelerates 'AI Alliance' with Jensen Huang

Follow-up Discussions on Collaboration in Autonomous Driving and Manufacturing AI

Euisun Chung, Executive Chair of Hyundai Motor Group, visited Nvidia's headquarters in the United States to meet with CEO Jensen Huang and discuss ways to enhance collaboration between the two companies.

On the 24th (local time), Nvidia posted on its X (formerly Twitter) account a photo showing Euisun Chung, Executive Chair of Hyundai Motor Group (left), visiting Nvidia's headquarters in Santa Clara, California, where he posed for a commemorative photo with CEO Jensen Huang. In the photo, Euisun Chung and Jensen Huang are holding a model of the Genesis Magma vehicle. Nvidia X

On the 24th (local time), Nvidia released a photo of Chairman Chung visiting Nvidia's headquarters in Santa Clara, California, where he posed together with CEO Jensen Huang.

During this visit, Chairman Chung and CEO Jensen Huang reportedly held follow-up discussions on collaborative initiatives such as autonomous driving, robotics, and manufacturing AI, which were previously discussed during Jensen Huang's visit to Korea in June.

On June 8, during his trip to Korea, CEO Jensen Huang visited Hyundai Motor Group’s headquarters in Yangjae-dong, Seoul, to meet with Chairman Chung and discuss cooperation on establishing the Saemangeum AI Valley. The two leaders also reached a consensus on a broad range of collaborations covering autonomous driving, robotics, manufacturing AI, and data centers.

Hyundai Motor Group plans to accelerate its transformation into a ‘future technology company focused on robotics, AI, and energy solutions’ by investing 9 trillion won in stages starting this year on a 1,124,000-square-meter site in Saemangeum. The group will build a value chain for new future businesses, including a robot manufacturing and parts cluster, a water electrolysis plant, an AI data center, a 1GW solar power plant, and an AI hydrogen city.

At that time, CEO Jensen Huang stated, “Beyond the existing areas of cooperation such as autonomous driving, Hyundai Motor Group and Nvidia held in-depth discussions on various fronts to proactively respond to the rapidly-evolving AI and mobility landscape. These included collaboration on the Saemangeum AI Valley, as well as the development of physical AI and the creation of a global standard AI ecosystem.”

Industry sources expect that by integrating Nvidia’s high-performance AI servers and GPU infrastructure into the Saemangeum AI Valley, it will lead to the establishment of an advanced data center and foster a robust AI and robotics ecosystem.

While accompanying President Lee Jaemyung on his visit to the United States and South America, Chairman Chung is expected to attend the ‘San Francisco AI Summit’ during this trip to discuss future business cooperation with global big tech companies.

This content was produced with the assistance of AI translation services.