San francisco: President Lee Jae Myung held a meeting with Nvidia Corp. Chief Executive Officer Jensen Huang on Friday, during which the tech executive said his company will announce a US$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.

According to Yonhap News Agency, during the meeting, Huang also announced plans to jointly develop a self-driving Genesis sedan with South Korea's Hyundai Motor Group. This collaboration signifies a substantial step in technological advancement and aligns with the broader objectives of Lee's visit to enhance AI cooperation between South Korea and major tech companies.