SEOUL : South Korea's largest telco SK Telecom said it will invest $100 million in U.S. artificial intelligence firm Anthropic to strengthen its telecommunications-driven AI business.
Anthropic, a startup competing with OpenAI in building AI foundation models, is among the most well-funded AI firms, having raised $450 million from investors including Alphabet Inc's Google and Spark Capital in May. 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.Anthropic was founded by former OpenAI executives in 2021. Its Claude models are seen as major competitors to OpenAI's GPT-4.
In July, SK Telecom agreed with Deutsche Telekom, e& and Singapore Telecommunications to form an alliance to jointly develop telecommunications-driven AI businesses.