The logo of SK Telecom is pictured at the GSMA's 2023 Mobile World Congress (MWC) in Barcelona, Spain February 28, 2023.
REUTERS/Nacho Doce/File PhotoSEOUL, Aug 14 (Reuters) - South Korea's largest telco SK Telecom (017670.KS) said it will invest $100 million in U.S. artificial intelligence firm Anthropic to strengthen its telecommunications-driven AI business.
SK Telecom, which also made a smaller investment in May, said on Sunday that the two companies plan to jointly develop a global telecommunications-oriented multilingual large language model and build an AI platform.
SK Telecom declined to reveal the size of its May investment or the size of its stake in Anthropic.
In July, SK Telecom agreed with Deutsche Telekom, e& and Singapore Telecommunications to form an alliance to jointly develop telecommunications-driven AI businesses.
Persons:
Nacho, Anthropic, Claude, OpenAI's, Joyce Lee, Sam Holmes
Organizations:
SK Telecom, Congress, REUTERS, telco SK Telecom, OpenAI, Google, Spark Capital, Deutsche Telekom, Singapore Telecommunications, Thomson
Locations:
Barcelona, Spain, SEOUL, KS, Anthropic