Artificial Intelligence: Korea’s SK Telecom Joins Hands With Anthropic On LLM, Invests $100M

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The fresh investment comes on top of a previous investment in Anthropic by SK Telecom’s venture arm.

South Korean telecommunications company SK Telecom (KRX: 017670) (SKT) has invested an additional $100 million in AI safety and research firm Anthropic, building on a previous investment by SKT’s venture capital arm. The companies have formed a partnership to develop a multilingual large language model (LLM) tailored for the telecommunications industry.

This LLM will support various languages and be used to create customized AI services for global telecom companies. The collaboration aims to merge SKT’s telecommunications expertise with Anthropic’s advanced AI technology, enhancing services such as customer support, marketing, sales, and consumer applications.

The partnership also contributes to the Telco AI Platform, part of the Global Telco AI Alliance, simplifying the development and offering of customized AI services for telecom providers.

This strategic partnership is anticipated to create synergy and drive AI innovation in the telecom industry.

“With our strategic investment in Anthropic, a global leading AI technology company, we will be working closely with Anthropic to promote AI innovation,” said Ryu Young-sang, CEO of SKT, in a statement. “By combining our Korean language-based LLM with Anthropic’s strong AI capabilities, we expect to create synergy and gain leadership in the AI ecosystem together with our global telco partners.”

Related Story:  Anthropic Lands $450M Series C Including From Spark, Google, Salesforce

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