Samsung Electronics Chairman Jay Y. Lee traveled to Sun Valley, Idaho, to attend the Allen & Company Conference from July 7 to 11, accompanied by Han Jin-man, President of Samsung's Foundry Business. The invitation-only, private gathering, nicknamed "Summer Camp for Billionaires," has evolved from a small media and finance meeting starting in 1983 into a summit for global leaders. This year's central theme is AI, with leaders of generative AI startups including OpenAI CEO Sam Altman and President Greg Brockman, and Anthropic CEO Dario Amodei in attendance. Big Tech attendees included Apple CEO Tim Cook and his designated successor John Ternus, Alphabet CEO Sundar Pichai, Meta CEO Mark Zuckerberg, Amazon CEO Andy Jassy, and Palantir CEO Alex Karp, alongside tech titans Jeff Bezos, Bill Gates, and Reid Hoffman. Media figures such as Warner Bros. Discovery CEO David Zaslav, YouTube CEO Neal Mohan, and Disney Chairman Bob Iger with his successor Josh D'Amaro were also present, though Fortune noted media moguls are no longer the main event. Subtle tensions between AI and media were palpable; Fortune reported that months before the event, OpenAI and Disney withdrew from a content licensing deal worth $1 billion after OpenAI suspended its video generation AI app "Sora." Berkshire Hathaway Chairman Warren Buffett and his successor Greg Abel did not attend.