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Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world Chey Tae-won , the billionaire chairman of South Korea’s second-largest conglomerate, projected strong demand for artificial intelligence over the next few years, joining other tech leaders in playing down fears about a spending bubble. Demand will be fueled by the rapid rise of so-called agentic AI systems that can act autonomously as they evolve from person-to-AI communication to AI-to-AI interaction, the leader of chips-to-energy giant SK Group told Bloomberg Television. That transition will “require a huge amount of memory capacity,” Chey, 64, said in an exclusive interview on the sidelines of the Asia-Pacific Economic Cooperation CEO Summit in Gyeongju on Wednesday.
