OpenAI Lands in Korea Here’s What’s Coming

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Key Points

  • OpenAI has set up a legal entity in South Korea, planning a Seoul office to expand its Asian presence.

  • It is hiring locally to collaborate with businesses and engage policymakers.

  • The move supports OpenAI’s goal of global AI integration and responsible use.

  • South Korea’s tech strength and AI interest make it a strategic choice.

  • The Seoul office will foster partnerships, innovation, and policy engagement.

  • CEO Sam Altman emphasizes global collaboration for safe AI development.

  • No exact opening date yet, but recruitment is ongoing.

  • This expansion reflects OpenAI’s global ambitions amid rising AI demand.

Key Points

  • Oracle will buy $40B worth of Nvidia GB200 chips to power the Stargate AI data center in Abilene, Texas.

  • The center, launching mid-2026, will be among the world’s largest, delivering 1.2 GW of power.

  • Oracle will lease computing power to OpenAI and join equity partners OpenAI, SoftBank, and MGX.

  • Tech partners include Oracle, Microsoft, Nvidia, Arm, and OpenAI.

  • $15B in funding has been secured, expanding the facility from two to eight buildings.

  • Stargate is part of a $500B U.S. initiative to develop AI-specific data centers.

  • These centers require specialized GPUs for high-performance AI workloads.

  • The news follows xAI and Nvidia joining a $30B AI Infrastructure Fund backed by BlackRock and Microsoft.

Key Points

  • Memorial Day is key for Amazon and Walmart to test AI-driven retail strategies and boost customer loyalty.

  • Walmart saw a 21% rise in U.S. e-commerce, fueled by generative AI tools and digital transformation.

  • Internal restructuring includes job cuts to focus on high-growth tech areas.

  • Amazon added AI-powered search to Amazon Music and supports sellers with AI tools for listings and inventory.

  • Both companies have made selective workforce reductions to streamline operations.

  • Walmart raised prices due to tariffs; Amazon remained stable thanks to supply chain flexibility.

  • Amazon resumes large-package deliveries with FedEx, reducing reliance on UPS.

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AI is revolutionizing finance by automating tasks, improving decision-making, and enhancing customer service. This 2025 guide highlights top AI tools across financial planning, accounting, stock analysis, compliance, and client engagement.

From platforms like Cube, Datarails, and Vic AI to ChatGPT and Betterment, these tools boost efficiency, reduce errors, and help finance professionals stay competitive.

AI Finds:

Learning Outcomes:

  • MIT researchers improved an AI model that learns audio-visual connections without human labels

  • The new model, CAV-MAE Sync, links specific video frames with matching audio segments

  • It uses fine-grained alignment and two learning objectives: contrastive and reconstructive

  • Performance improved in video retrieval and scene classification tasks

  • Could benefit robotics, journalism, and film production

  • Future work may include integrating text for multimodal AI systems

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P.S. See you on Wednesday with more AI insights and tools to power your week.

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AIChief Team