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Samsung hosts Sam Altman for AI talks with 50 top executives

The OpenAI CEO's session in Yongin built on a 2025 memory-chip pact for Stargate as AI demand squeezes global memory supply.

Jaeden Schafer
Editor in Chief · · 4 min read
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OpenAI CEO Sam Altman met about 50 senior Samsung Group executives on Saturday, October 31, at the Samsung Human Resources Development Center in Yongin, south of Seoul, Samsung said in a statement. Samsung hosted presidents and top executives from its electronics, finance and biotechnology affiliates, including Samsung Electronics.

The session ran under the theme "The Next 10 Years Shaped by AI: The Enterprise's Choice." Discussion covered where AI technology is heading, new business opportunities, how AI will change corporate decision-making and organizational management, and the capabilities executives will need. It was part of a series of leadership seminars tied to Samsung's push to move the group onto AI.

Altman's central point, as reported by Yonhap, was that competitive advantage comes not from simply adopting AI but from using it to move faster, build better products and get ahead of competitors. Samsung did not release direct quotes from the session, and no supply deal or dollar figure was announced alongside it.

Key facts

  • 01Sam Altman met about 50 Samsung Group executives on Oct. 31 at Samsung's training center in Yongin, south of Seoul.
  • 02Attendees were presidents and top executives from Samsung's electronics, finance and biotechnology affiliates.
  • 03Samsung Electronics signed a letter of intent with OpenAI in October 2025 covering memory chips for the Stargate project.
  • 04Samsung has trained about 2,300 executives on AI since June and plans to train all employees by February 2027.
  • 05Memory chips account for roughly one-third of data center spending as AI demand tightens supply.

The meeting lands as AI computing demand squeezes global memory chip supply and pushes prices higher. Memory chips account for roughly one-third of data center spending, and the five largest players in the AI infrastructure buildout plan more than $3 trillion in spending over the coming years. Nvidia CEO Jensen Huang and AMD CEO Lisa Su have each visited South Korea twice since last year as their companies work on supply chains.

Samsung and OpenAI already have a working relationship. In October 2025, Samsung Electronics signed a letter of intent with OpenAI on global AI infrastructure, including supplying advanced memory chips for OpenAI's Stargate data center project. Under the same framework, Samsung SDS agreed to explore AI data center development and enterprise AI services, while Samsung C&T and Samsung Heavy Industries agreed to jointly develop floating offshore data centers.

The ties have deepened through 2026. In June, OpenAI said Samsung Electronics would roll out ChatGPT Enterprise and Codex to employees in South Korea and across its global Device eXperience division. Samsung Electronics Executive Chairman Lee Jae-yong visited OpenAI's San Francisco headquarters in July.

Before Altman spoke, Samsung executives went through hands-on generative AI training on organizing business data into personalized knowledge bases and using AI-generated insights for management decisions. It was the group's second intensive AI program for top executives, following a first session in June.

Samsung began deploying AI across research and development, manufacturing, marketing and administration in June 2026. About 2,300 executives have been trained since then, and the company aims to complete AI training for all employees by February 2027.

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Samsung has also added AI capabilities to employee evaluations and is setting up dedicated AI teams at each affiliate to handle implementation, data management and model operations. The company plans to expand employees' use of external generative AI services at work.

Samsung said it will review each affiliate's progress, define implementation tasks and build an AI-centered management system across the group.

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