South Korean telecommunications company SK Telecom (SKT) has announced a $100 million investment in Anthropic, an artificial intelligence startup co-founded by former leaders of OpenAI. This funding comes just three months after Anthropic raised $450 million in its Series C funding round. SKT had previously participated in the Series C funding through its venture capital arm, SK Telecom Venture Capital (SKTVC). In addition to SKT, Germany-based consulting company SAP has also invested in Anthropic.
The strategic investment by SKT in Anthropic marks the telecom company’s entry into the generative AI space. Together, SKT and Anthropic plan to develop a multilingual large language model (LLM) that can be customized for global telco firms. As part of this collaboration, the LLM will support six languages: English, Korean, German, Japanese, Arabic, and Spanish. The ultimate goal is to offer AI developments tailored to users in different markets.
Anthropic, founded in 2021, is currently building an AI system called Claude that enables corporations to perform various tasks through natural conversations. These tasks include searching, generating answers, automating workflows, coding, and processing text. Anthropic recently released an updated version of Claude, called Claude Instant 1.2, which incorporates the strengths of its second-generation AI chatbot, Claude 2.
For the telco industry, Claude’s applications will include industry-specific customer service, marketing, sales, and interactive consumer applications. SKT believes that combining its Korean language-based LLM with Anthropic’s AI capabilities will create synergy and establish leadership in the AI ecosystem with the support of its global telco partners.
It is important to note that this news is still developing, and further updates may follow.
Frequently Asked Questions (FAQs) Related to the Above News
What is the significance of SK Telecom's investment in Anthropic?
SK Telecom's investment in Anthropic marks its entry into the generative AI space and signifies its commitment to developing artificial intelligence technologies.
How much did SKT invest in Anthropic?
SK Telecom invested $100 million in Anthropic.
Has Anthropic received funding from other sources?
Yes, Anthropic raised $450 million in its Series C funding round three months prior to SKT's investment.
Which other company has invested in Anthropic?
Germany-based consulting company SAP has also invested in Anthropic.
What are the goals of SKT and Anthropic's collaboration?
SKT and Anthropic plan to develop a multilingual large language model (LLM) that can be customized for global telecom firms. The LLM will initially support six languages and aim to offer tailored AI developments for users in different markets.
What is Anthropic currently working on?
Anthropic is building an AI system called Claude, which enables corporations to perform various tasks through natural conversations. They have recently released an updated version called Claude Instant 1.2, incorporating the strengths of their second-generation AI chatbot, Claude 2.
How will Claude be used in the telco industry?
Claude's applications in the telco industry will include industry-specific customer service, marketing, sales, and interactive consumer applications.
What advantage does SKT believe this collaboration will bring?
SKT believes that combining its Korean language-based LLM with Anthropic's AI capabilities will create synergy and establish leadership in the AI ecosystem, with support from its global telco partners.
Please note that the FAQs provided on this page are based on the news article published. While we strive to provide accurate and up-to-date information, it is always recommended to consult relevant authorities or professionals before making any decisions or taking action based on the FAQs or the news article.
