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SK chairman calls for AI expansion beyond chips into models, services

SK Group Chairman Chey Tae-won urged leaders of group subsidiaries to redefine themselves as artificial intelligence (AI) companies and expand beyond chips, infrastructure and energy into AI models and services, building a growth cycle that connects the conglomerate’s businesses. According to SK Group, Sunday, Chey outlined the strategy at CEO seminar held Thursday to Saturday in Icheon, Gyeonggi…

SK chairman calls for AI expansion beyond chips into models, services

SK Group Chairman Chey Tae-won called on leaders of the conglomerate's subsidiaries to transform themselves into artificial intelligence (AI) firms, extending their reach beyond semiconductors, infrastructure, and energy into AI models and services. On Sunday, Chey presented this strategic vision during a CEO seminar held in Icheon, Gyeonggi Province from Thursday to Saturday.

The chairman emphasized the significance of an AI flywheel in positioning SK as a leading entity in a "token economy," where AI computing and services are traded as resources. Chey urged every subsidiary to shed its traditional business framework, redefine itself as an AI company, and connect these new roles with AI services and the token economy.

SK Group's AI semiconductor capabilities would bolster the expansion of AI factories, helping meet the escalating demand for electricity, energy, and AI services. Enhanced energy supplies and increased service adoption would stimulate investment in AI factories and cutting-edge chips.

Written by urgent.news from The Korea Times's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

Also reported by 1 other outlet

Read the original at koreatimes.co.kr →

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