Sign up to save tools and stay up to date with the latest in AI
bg
bg
1

Anthropic raises $100M from SK Telecom to build AI for telecommunications - SiliconANGLE

Aug 14, 2023 - siliconangle.com
Anthropic, a Google-backed AI research startup, has raised an additional $100M from South Korean telecom giant SK Telecom (SKT) to develop large language model AI systems for the telecom industry. The investment is part of a strategic partnership and follows a previous funding round that netted Anthropic $450M in May, in which SKT also participated. The two companies plan to develop AI models for telecoms, eliminating the need for these companies to design, customize, and train their own models. The models will support multiple languages and will be used in customer service, marketing, sales, and interactive consumer applications.

The partnership comes after SKT's announcement of the Global Telco AI Alliance, which includes Deutsche Telekom, Emirates Telecommunications Group, and Singapore Telecommunications. The alliance plans to co-invest in the development of a Telco AI Platform, which will be enhanced by Anthropic’s multilingual AI model. Anthropic and SKT aim to offload the burden on telecoms to develop and train their own AI models, which requires significant time and resources. The member companies of the Global Telco AI Alliance are expected to benefit greatly from this partnership.

Key takeaways:

  • Anthropic, an AI research startup, has raised an additional $100 million from South Korean telecommunications giant SK Telecom Co. Ltd. The funds will be used to build large language model AI systems for the telecom industry.
  • The two companies will jointly develop AI models specialized for telecommunications purposes, freeing telecom companies from needing to design, customize and train their own. The AI models will support multiple languages.
  • Anthropic is known for its chatbot Claude, a powerful generative AI model. SKT plans to fine-tune Claude for telco use cases, particularly customer service, marketing, sales and interactive consumer applications.
  • The partnership follows SK Telecom's announcement of the formation of the Global Telco AI Alliance, which intends to co-invest in the development of a Telco AI Platform that Anthropic’s multilingual LLM will enhance.
View Full Article

Comments (0)

Be the first to comment!