Sam Altman meets Samsung bosses as memory chip shortage bites

OpenAI CEO Sam Altman met about 50 Samsung Group executives in Yongin, South Korea, on Saturday to deepen cooperation on memory chips and AI infrastructure. The talks come as global memory shortages push chip prices higher amid fierce data-centre demand. The five biggest AI infrastructure players plan to spend over $3 trillion, and memory makes up roughly a third of data-centre spending.