Home News AI startup Anthropic raises $100M from Korean telco giant SK Telecom

AI startup Anthropic raises $100M from Korean telco giant SK Telecom

by WeeklyAINews
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Anthropic, a man-made intelligence startup co-founded by former OpenAI leaders, will obtain $100 million in funding from one of many greatest cell carriers in South Korea, SK Telecom (SKT), the telco firm introduced on Sunday.  

The funding information comes three months after Anthropic raised $450 million in its Collection C funding spherical led by Spark Capital in Could. Previous to the newest funding, SKT participated within the Collection C spherical via its enterprise capital arm, SK Telecom Enterprise Capital (SKTVC). Simply final month, Germany-based consulting firm SAP additionally invested in Anthropic

SKT is becoming a member of the white-hot generative AI area race by way of the strategic funding in Anthropic. The telco says Anthropic and SKT plan to co-develop a multilingual massive language mannequin personalized for international telco corporations. Co-founder and chief science officer of Anthropic Jared Kaplan will lead the general route of the customization and the product roadmap. 

“SKT has unbelievable ambitions to make use of AI to remodel the telco {industry},” mentioned Dario Amodei, co-founder and CEO of Anthropic. “We’re excited to mix our AI experience with SKT’s {industry} information to construct a LLM that’s personalized for telcos.” 

The LLM, which SKT and Anthropic will collectively develop, will enable four Global Telco AI Alliance members, together with Deutsche Telekom, e& and Singtel, to supply AI developments personalized to their customers in every market. The LLM would assist English, Korean, German, Japanese, Arabic and Spanish languages. 

Anthropic, based in 2021, is constructing an AI system known as Claude, like OpenAI’s Chat GPT, that permits firms to handle duties, together with looking out, producing solutions, automating workflows, coding and processing textual content in pure conversations. Most lately, the Google-backed AI startup has launched its up to date model, Claude Instantaneous 1.2, which contains the strengths of Claude 2, its second-generation AI chatbot. 

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Claude’s use circumstances for the telco {industry} will embrace “industry-specific customer support, advertising, gross sales and interactive shopper functions,” in line with SKT. 

“Combining our Korean language-based LLM with Anthropic’s sturdy AI capabilities, we count on to create synergy and acquire management within the AI ecosystem with our international telco companions,” Ryu Younger-sang, CEO of SKT, mentioned in its assertion.

It is a creating story and will probably be up to date shortly. 

 

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