LG Chairman Koo Kwangmo to Reunite with Nvidia CEO Jensen Huang in Silicon Valley Next Week... Concrete Plans for Robotics and AI Collaboration
Two Months Since Their Yeouido Meeting in June
"Plans to Discuss Greater Collaboration in the US"
Expected to Cover Humanoid Robot Development and More
Kwangmo Koo, Chairman of LG Group, will travel to Silicon Valley in the United States next week to meet with Jensen Huang, CEO of Nvidia. This will be their first reunion in about two months since their inaugural official meeting at the LG Twin Towers in Yeouido, Seoul, in June.
According to industry sources on the 6th, Chairman Koo is scheduled to meet with CEO Huang at Nvidia's headquarters in Silicon Valley next week.
This reunion between the two comes approximately two months after their first official meeting at the LG Twin Towers in Yeouido, Seoul on June 8th, where they held a private, closed-door discussion for about an hour. It has also been four months since Chairman Koo last visited Silicon Valley, which was in April.
At their meeting in Yeouido, Chairman Koo and CEO Huang announced, following their discussions, that they would expand cooperation in a variety of areas, including future data centers, artificial intelligence (AI) infrastructure, robotics, and autonomous driving technologies.
Right after the meeting, Chairman Koo told reporters, "(CEO Huang) invited me to California, so I plan to go and discuss greater collaboration."
On June 8th, at the LG Twin Towers in Yeouido, Seoul, Koo Kwang-mo, Chairman of LG Group (left), and Jensen Huang, CEO of Nvidia, are posing for a commemorative photo. © LG Corporation. Photo by Yonhap News Agency
View original imageFollowing that meeting, executives from both companies have continued to stay in touch. On June 22nd, approximately 30 executives from LG Group—including LG Electronics President Jaechul Ryu, LG CNS President Shingyun Hyun, and LG Science Park CEO Suheon Jeong—visited Nvidia's headquarters.
Industry observers believe that while the first meeting established a broad framework for cooperation between the two companies, this upcoming meeting in Silicon Valley will likely focus on more concrete plans for investment and collaboration. At LG Electronics’ second-quarter earnings presentation on July 30th, Chief Financial Officer Changtae Kim stated, "A strategic partnership with Nvidia at the level of an AI platform ecosystem could be fully considered."
One of the main topics of cooperation in the Silicon Valley talks is expected to be the development of humanoid robots. LG Electronics is developing the household robot "LG CLOiD," and is also jointly developing a reference robot based on Nvidia’s open-robot foundation model "Isaac GR00T."
Hot Picks Today
"Ruined Because of Korea" Even with a Sharp Rally, No One Buys... Japanese Market Sways with KOSPI
- '1,670,000 Won to 1,170,000 Won': SK hynix Hits Lower Limit Shock, Pre-market Opening Price Controversy
- Seoul’s 39-Degree ‘Extreme Heat’ Is Just the Beginning... Experts Warn: “It Will Persist Until 2050”
- "Pay to Use the Overhead Bin": Australian Airline Sparks Controversy Over New Fees Starting February
- "Don't Worry, That's Just How It Is"... Thai Tourists in Korea Touched by Elderly Man Who Paid for Their Meal
There is also potential for collaboration in the fields of autonomous driving and smart factories. LG Innotek is pushing ahead with the development of high-performance sensing modules and optical components for robots, while LG CNS plans to accelerate the adoption of AI in manufacturing and logistics by integrating Nvidia robotics technology into its industrial robot platform "PhysicalWorks."
© The Asia Business Daily. All rights reserved. Unauthorized AI training and use prohibited.