This is the new MLex platform. Existing customers should continue to access MLex here until migrated to the new platform. For any migration queries, please contact Customer Services or your Account Manager.

South Korea's KDB agrees with OpenAI to cooperate on advancing country's AI ecosystem

( November 27, 2024, 06:23 GMT | Official Statement) -- MLex Summary: South Korea’s government-run Korea Development Bank said it has agreed with OpenAI to form a long-term cooperative relationship and collaborate on revitalizing the country’s artificial intelligence ecosystem. Under a memorandum of understanding signed on Nov. 26, the two parties also agreed to work together on matters related to Korean-language AI models, financial issues for the development of data centers in the country, OpenAI’s efforts to secure additional space for data centers, and efforts to enhance social contributions aimed at advancing South Korea’s AI ecosystem....

Prepare for tomorrow’s regulatory change, today

MLex identifies risk to business wherever it emerges, with specialist reporters across the globe providing exclusive news and deep-dive analysis on the proposals, probes, enforcement actions and rulings that matter to your organization and clients, now and in the longer term.


Know what others in the room don’t, with features including:

  • Daily newsletters for Antitrust, M&A, Trade, Data Privacy & Security, Technology, AI and more
  • Custom alerts on specific filters including geographies, industries, topics and companies to suit your practice needs
  • Predictive analysis from expert journalists across North America, the UK and Europe, Latin America and Asia-Pacific
  • Curated case files bringing together news, analysis and source documents in a single timeline

Experience MLex today with a 14-day free trial.

Start Free Trial

Already a subscriber? Click here to login

Attached Documents

Related Sections