Seoul, Oct 31 (IANS) South Korea can advance as a global leader in physical artificial intelligence (AI), expected to be the next wave of the fast-evolving technology, AI chip giant Nvidia’s Chief Executive Officer (CEO) Jensen Huang said on Friday, highlighting the country’s competitiveness in the industry.

“AI has now achieved the virtuous cycle,” Huang, who is visiting Korea for the first time in 15 years, said in a special session for the Asia-Pacific Economic Cooperation (APEC) CEO Summit held in the southeastern city of Gyeongju.

Huang said AI has penetrated into people’s lives, inducing more usage, which leads to more profit for companies, which ultimately leads to better AI, reports Yonhap news agency.

“For Korea, this is an extraordinary opportunity,” the AI visionary said.

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