Nvidia chief says will announce $500 bil. partnership with SK Group in meeting with Lee

Nvidia CEO Jensen Huang told South Korean President Lee Jae Myung on Friday that his company will announce a $500 billion business partnership with SK Group, and also revealed plans to jointly develop a self-driving Genesis sedan with Hyundai Motor Group.

SAN FRANCISCO — President Lee Jae Myung held a meeting with Nvidia Chief Executive Officer CEO Jensen Huang on Friday, during which the tech executive said his company will announce a $500 billion business partnership with South Korea's SK Group. The meeting took place on the first day of Lee's two-day trip to San Francisco aimed at promoting AI investment and cooperation between global tech giants and South Korea. During the meeting, Huang also announced plans to jointly develop a self-driving Genesis sedan with South Korea's Hyundai Motor Group.