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Global Tech Titans Gather in Korea: AI and Energy Summit Begins

Business leaders from around the world have gathered in Gyeongju, South Korea for the APEC CEO Summit. The event brings together 1,700 participants including top executives from Nvidia, Amazon, and Google. Discussions will focus on critical global issues like artificial intelligence, energy transition, and digital currency. The summit officially begins Wednesday with South Korea's president delivering a special address.

Key Points: APEC CEO Summit Korea 2024 AI Energy Transition Global Leaders

  • Over 1,700 global participants from business and government sectors attending the summit
  • Focus on AI implications, digital currency, and carbon neutrality discussions
  • Major tech CEOs including Nvidia's Jensen Huang and Google's Simon Kahn present
  • South Korean President Lee Jae Myung to deliver special summit address
  • Multiple sessions covering semiconductors, supply chains, and digital health
  • Korean conglomerate leaders from Samsung, Hyundai, and SK Group participating
3 min read

APEC biz leaders gather in S. Korea for discussions on AI, energy transition

1,700 global business leaders including Nvidia's Jensen Huang and Amazon's Matt Garman gather in South Korea for APEC CEO Summit discussions on AI and energy transition.

"As the APEC region faces a pivotal moment amid geopolitical shifts and industry transitions, we will explore together ways to foster sustainable growth - Chey Tae-won, KCCI Chair"

Seoul, Oct 28

Preliminary proceedings of the Asia-Pacific Economic Cooperation (APEC) CEO Summit were well under way on Tuesday in the South Korean host city of Gyeongju, bringing together some 1,700 participants from around the globe for deep-dive conversations on implications of artificial intelligence (AI) and energy transition, among others.

On Tuesday, the eve of the official opening of the business gathering, the Korea Chamber of Commerce and Industry (KCCI) hosted a welcome reception for participating global business tycoons attending the event, where they will exchange views on pending global issues, such as AI, digital currency, carbon neutrality and supply chains, reports Yonhap news agency.

Key attendees at this year's APEC CEO Summit include AI chip giant Nvidia Chief Executive Officer (CEO) Jensen Huang, Amazon Web Services CEO Matt Garman, Google's Chief Marketing Officer for Asia Pacific Simon Kahn, Citigroup CEO Jane Fraser and Johnson & Johnson CEO Joaquin Duato.

From Korea, Chey Tae-won, SK Group chief and the KCCI chair, Samsung Electronics Co. Chairman Lee Jae-yong, Hyundai Motor Group Executive Chair Euisun Chung and LG Group Chairman Koo Kwang-mo are on the list.

Tuesday evening's welcome reception was attended by Samsung Electronics President Park Seung-hee, SK On Co. Vice Chairman Yu Jeong-joon, Hyundai Motor Co. President Sung Kim, Naver Corp. CEO Choi Soo-yeon and Simon Kahn, chief marketing officer of Google's Asia-Pacific headquarters, among others.

Public sector representatives also attended the reception, including South Korean Prime Minister Kim Min-seok, Trade Minister Yeo Han-koo, U.S. Ambassador to China David Perdue and Malaysian Ambassador to Korea Dato' Mohd Zamruni Khalid.

The Future Tech Forum, an official sideline event of the CEO summit, also took place on Tuesday, featuring an AI-themed forum by SK Group and a forum on the retail economy, along with another sideline event, K-Tech Showcase, which showcased AI, mobility, robotics and display technologies of Korean firms.

The APEC CEO Summit is scheduled to officially kick off on Wednesday at the Gyeongju Arts Center under the official theme "Bridge, Business, Beyond," with South Korean President Lee Jae Myung set to deliver a special address.

The summit will feature nine sessions on AI, finance, the culture industry, digital currency and carbon neutrality on the first day, six sessions on supply chains, semiconductors, digital health and hydrogen on Thursday and five sessions on data centres, healthcare and the energy transition on Friday.

"Korea, known for its innovation and dynamic economy, is the ideal setting for this year's discussions on pivotal issues such as energy transition, digital and AI transformation, trade and biotechnology," said KCCI chair Chey in a welcome message.

"As the APEC region faces a pivotal moment amid geopolitical shifts and industry transitions, we will explore together ways to foster sustainable growth and unlock future prosperity," he added.

- IANS

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Reader Comments

R
Rohit P
Interesting lineup of speakers! Jensen Huang from Nvidia is a rockstar in the AI world. Hope Indian tech leaders get more representation in such forums. Our IT industry has so much to contribute to these conversations.
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Ananya R
Energy transition is crucial for countries like India where we're balancing development with sustainability. These discussions should focus more on affordable green tech for developing nations. 🌱
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David E
While these summits are important, I hope the outcomes translate into real action. Too often these become talking shops without meaningful implementation. The focus should be on practical solutions that can be scaled globally.
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Siddharth J
The digital currency sessions are particularly relevant for India given our UPI success. We could actually teach the world a thing or two about digital payments infrastructure! 💳
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Kavya N
Good to see supply chains being discussed. After the pandemic disruptions, India has a golden opportunity to position itself as a reliable alternative in global supply networks. Make in India initiative aligns perfectly with this!

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