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Anthropic Receives $100 Million in Funding From Korean Telco SK Telecom

Aug 15, 2023 - techtimes.com
Artificial intelligence startup Anthropic is set to receive $100 million in funding from South Korean mobile giant SK Telecom (SKT). The investment follows Anthropic's successful Series C funding round three months ago, where it raised $450 million. The two companies plan to collaboratively create a multilingual large language model (LLM) tailored for global telecommunications companies, with Anthropic's co-founder and chief science officer, Jared Kaplan, overseeing the customization and product roadmap.

The LLM, which aims to support languages such as English, Korean, German, Japanese, Arabic, and Spanish, will be used to offer diverse AI services to potential customers requiring AI capabilities, primarily targeting global telco firms. Anthropic is currently working on an AI system called "Claude," which can perform tasks like searching, generating replies, automating workflows, coding, and interpreting natural text dialogues. The system finds practical application in the telecommunications domain, including tailored customer service, marketing, sales, and interactive consumer-oriented applications.

Key takeaways:

  • Artificial intelligence startup Anthropic is set to receive $100 million in funding from South Korean mobile giant SK Telecom (SKT).
  • SKT's investment in Anthropic marks its entry into the generative AI sector, with plans to create a multilingual large language model (LLM) tailored for global telecommunications companies.
  • The Korean telecommunications company is discussing joint development with Global Alliance members, aiming to support languages such as English, Korean, German, Japanese, Arabic, and Spanish.
  • Anthropic is currently working on creating an AI system called "Claude," which can perform tasks like searching, generating replies, automating workflows, coding, and interpreting natural text dialogues.
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