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

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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.

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