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SK Telecom invests $100M in AI startup Anthropic |

SK Telecom invests $100M in AI startup Anthropic |

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Anthropic Receives $100 Million Funding from SK Telecom

Anthropic, a man-made intelligence startup co-founded by former OpenAI leaders, has secured $100 million in funding from SK Telecom (SKT), one of many largest cell carriers in South Korea. The announcement of the funding was made by SKT on Sunday. This funding comes simply three months after Anthropic raised $450 million in its Sequence C funding spherical, with Spark Capital main the spherical. SKT had participated within the Sequence C spherical by its enterprise capital arm, SK Telecom Enterprise Capital (SKTVC). As well as, Germany-based software program firm SAP additionally invested in Anthropic final month.

SKT’s Funding within the Generative AI House Race

SKT is coming into the aggressive area of generative synthetic intelligence by its strategic funding in Anthropic. The telco firm goals to co-develop a multilingual giant language mannequin (LLM) particularly tailor-made to international telco corporations. Jared Kaplan, co-founder and chief science officer of Anthropic, will lead the customization and product roadmap of the LLM in collaboration with SKT. Dario Amodei, co-founder and CEO of Anthropic, has expressed pleasure about combining Anthropic’s AI experience with SKT’s {industry} data to construct a personalized LLM for telcos.

The Joint Growth of the LLM

Each SKT and Anthropic will work collectively to develop the LLM. This mannequin will allow 4 members of the World Telco AI Alliance, together with Deutsche Telekom, e&, and Singtel, to supply AI developments tailor-made to their respective markets. The LLM will assist a number of languages, together with English, Korean, German, Japanese, Arabic, and Spanish.

Anthropic’s AI System – Claude

Anthropic, based in 2021, is concentrated on constructing an AI system referred to as Claude. Much like OpenAI’s Chat GPT, Claude permits firms to handle numerous duties resembling looking out, producing solutions, automating workflows, coding, and processing pure language conversations. Anthropic not too long ago launched an up to date model of Claude, often called Claude On the spot 1.2, which includes the strengths of its second-generation AI chatbot, Claude 2.

Promising Use Circumstances for the Telco Business

SKT has recognized a number of potential use circumstances for Claude within the telco {industry}, together with industry-specific customer support, advertising and marketing, gross sales, and interactive client purposes. By combining Anthropic’s sturdy AI capabilities with SKT’s Korean language-based LLM, the corporate expects to create synergy and set up management within the AI ecosystem alongside its international telco companions. Ryu Younger-sang, CEO of SKT, expressed this imaginative and prescient in a press release.

Conclusion

The $100 million funding from SK Telecom represents a serious milestone for Anthropic, validating the corporate’s potential within the AI house. With the assist of SKT, Anthropic goals to additional develop its AI system Claude and collaborate on the creation of a personalized multilingual giant language mannequin. This partnership has the potential to revolutionize the telco {industry} by providing modern and tailor-made AI options to international telco corporations.

Steadily Requested Questions

What’s Anthropic?

Anthropic is a man-made intelligence startup co-founded by former OpenAI leaders. The corporate focuses on constructing AI programs that allow firms to handle duties, course of pure language, and automate workflows.

What’s the significance of SK Telecom’s funding in Anthropic?

SK Telecom’s funding in Anthropic signifies the corporate’s ambitions to leverage AI know-how in reworking the telco {industry}. By way of this funding, Anthropic and SK Telecom plan to co-develop a multilingual giant language mannequin personalized for international telco corporations.

Which different corporations have invested in Anthropic?

Previous to SK Telecom’s funding, Anthropic raised $450 million in its Sequence C funding spherical with the participation of Spark Capital. Moreover, Germany-based software program firm SAP has additionally invested in Anthropic.

What’s the function of Anthropic’s AI system, Claude?

Claude, Anthropic’s AI system, permits firms to handle numerous duties, together with looking out, producing solutions, automating workflows, coding, and processing textual content in pure conversations.

What are the potential use circumstances for Claude within the telco {industry}?

Claude can be utilized in industry-specific customer support, advertising and marketing, gross sales, and interactive client purposes inside the telco {industry}.

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