Shinsegae Group Chairman Attends U.S. Government-Backed AI Training Program Launch in Washington
Quick Look
- Shinsegae Group Chairman Chung Yong-jin attended the launch of the U.S. government-backed Foundry School program in Washington, met with U.S.
- Vice President JD Vance and Under Secretary of State Jacob Helberg, and discussed Shinsegae's partnership with AI startup Reflection AI on a large-scale data center project in South Korea.
AI-generated summary
Why It Matters
Shinsegae Group is a major South Korean retail conglomerate that has been expanding its investments in artificial intelligence and technology partnerships, including a prior agreement with Reflection AI for an AI data center project in South Korea.
SEOUL, Sept. 4 (Yonhap) -- Shinsegae Group Chairman Chung Yong-jin attended an event marking the launch of a U.S. government-backed training program and met with key U.S. government officials, the South Korean retail conglomerate said Friday.
Foundry School, a partnership between the U.S. State Department and American universities, was launched in Washington on Thursday (local time).
Chung attended the launch ceremony at the invitation of U.S. Vice President JD Vance and the State Department, according to Shinsegae.
Chung met with U.S. Under Secretary of State for Economic Affairs Jacob Helberg, who described Shinsegae Group's partnership with U.S. artificial intelligence (AI) startup Reflection AI as an important milestone, the group said.
Earlier in March, Shinsegae Group signed a partnership with Reflection AI to pursue a large-scale AI data center project in South Korea.
"As outstanding talent is essential to the development of advanced industries represented by AI, Shinsegae Group will continue to attract and nurture talent through relentless creative innovation," Chung was quoted by the group as saying.
Shinsegae Group said Chung's invitation to the launch of Foundry School reflects the global network he has built over the years.
Last year, Chung attended a Christmas dinner hosted by Vance, where he met White House officials and business leaders. He also reportedly met with Donald Trump's eldest son, Donald Trump Jr., during the latter's visit to South Korea.
What to Watch
AI outlook — possibilities, not facts
Shinsegae Group will advance its large-scale AI data center project in South Korea with support from Reflection AI
Likely · Within months
Open Questions
- What is the timeline and scale of the AI data center project in South Korea?
- What specific training programs will Foundry School offer?
- How will Shinsegae Group's participation in Foundry School benefit its AI initiatives?
