Anthropic AI raises $100M from South Korea to bolster telecommunications industry

  • 📰 Cointelegraph
  • ⏱ Reading Time:
  • 42 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 20%
  • Publisher: 51%

Business Business Headlines News

Business Business Latest News,Business Business Headlines

AI developer Anthropic secured $100 million from the South Korean telecommunications giant SK Telecom.

Artificial intelligence developer Anthropic said it will receive an additional $100 million in investment from the South Korean telecommunications giant SK Telecom,The investment comes alongside a collaboration between the two companies to develop a multilingual large language model for the Telco AI Platform.

The forthcoming LLM will be available in languages including Korean, English, German, Japanese, Arabic and Spanish, and aims to allow for the creation of customized AI services for global telecom service providers. Dario Amodei, the co-founder and CEO of Anthropic, said that SK Telecom has “incredible ambitions” to utilize AI to “transform” the way the telecommunications industry functions.

“We see industry-specific LLMs as having high potential to create safer and more reliable deployments of AI technology.”to help “fine tune” Anthropic’s latest model Claude 2, which was released on July 11.by leaders in the AI industry as a market positioned for growth, particularly in chip development.Anthropic was founded by former members of the leading AI development company OpenAI, which is backed by Microsoft.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 562. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Google-backed Anthropic raises $100 mln from South Korea's SK TelecomSouth 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.
Source: Reuters - 🏆 2. / 97 Read more »