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The Yongin meeting covered corporate decisions, operations and new markets. Samsung’s existing Stargate relationship provided the backdrop, but no new memory supply agreement was announced.
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Sam Altman’s October 31 session with roughly 50 Samsung affiliate executives focused on AI management, not a newly announced memory contract. The group discussed AI applications, markets and effects on business decisions after hands-on generative-AI training. Samsung and OpenAI already have infrastructure cooperation: Samsung says they are pursuing memory supplies for OpenAI’s Stargate initiative, alongside other data-center and enterprise-AI work. Any new supply commitment remains unannounced.
Executives practiced organizing management materials into personal knowledge repositories and using generative AI to support decisions.
Samsung said the training followed the executives’ first intensive generative-AI session in June.
Samsung Electronics and OpenAI signed an infrastructure letter of intent in October 2025; Samsung says memory supplies for Stargate are among the areas pursued.
Samsung brought OpenAI CEO Sam Altman together with about 50 affiliate executives in Yongin, South Korea, on October 31 to discuss how AI could reshape their businesses. The gathering connected an existing infrastructure partner with leaders across electronics, finance and biotechnology. But its announced purpose was management strategy and AI education—not a new memory supply deal.
Samsung’s official account places the meeting at its human resources development center in Yongin. Its theme was the next decade of change driven by AI and the choices companies face. The audience included presidents of major Samsung affiliates, rather than only executives responsible for making or supplying semiconductors.
The discussion covered the direction of AI development, potential applications and the markets and business opportunities that might emerge. Samsung said participants also considered AI’s effects on corporate decision-making and organizational operations, including the skills executives would need in that changing environment.
Samsung described Altman’s appearance as part of its executive education effort, intended to improve leaders’ understanding of AI and help them develop future management strategies. Before meeting him, the executives completed hands-on training in generative AI, following their first intensive session in June.
The exercise focused on organizing scattered management materials into personal knowledge repositories and using AI to support decisions. That gave the day a practical component alongside the conversation about future markets. Samsung presented the training as a way for executives to learn the technology directly and apply it to their work.
The hardware connection predates this visit. Samsung Electronics and OpenAI signed a letter of intent in October 2025 to cooperate on global AI infrastructure. Samsung said the companies have been pursuing supplies of memory semiconductors for Stargate, OpenAI’s infrastructure initiative.
That earlier cooperation extended beyond chips. Samsung SDS agreed to work on AI data centers and enterprise AI services, while Samsung C&T and Samsung Heavy Industries agreed to pursue joint development of floating data centers. These were parts of the existing relationship Samsung cited, not new projects launched during Altman’s executive session.
Samsung also pointed to Chairman Jay Y. Lee’s July visit to OpenAI’s San Francisco headquarters as part of continued exchanges between the companies.
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