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Shares of South Korean billionaire Jay Y. Lee’s Samsung Electronics and billionaire Chey Tae-won’s SK Hynix surged to record levels after the companies joined forces with OpenAI to help with the American AI titan’s Stargate data center project.⁣ ⁣ #OpenAI, run by billionaire Sam Altman, unveiled Wednesday a raft of strategic partnerships with Samsung Group, SK Group and South Korea’s Ministry of Science and ICT to support the Stargate initiative, a $500 billion project to develop AI data center infrastructure for OpenAI. ⁣ ⁣ Since launching in January, #Stargate has already onboarded the likes of billionaire Jensen Huang’s Nvidia, software giant Oracle and SoftBank-backed chip design company Arm.⁣ ⁣ Learn more at the link in our bio. (Photo: Justin Sullivan via Getty Images)

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