Google-Backed Anthropic Raises $100 Million From South Korea’s SK Telecom
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SEOUL (Reuters) – South Korea’s largest telco SK Telecom mentioned it is going to make investments $100 million in U.S. synthetic intelligence agency Anthropic to strengthen its telecommunications-driven AI enterprise.
Anthropic, a startup competing with OpenAI in constructing AI basis fashions, is among the many most well-funded AI corporations, having raised $450 million from traders together with Alphabet Inc’s Google and Spark Capital in Might.
SK Telecom, which additionally made a smaller funding in Might, mentioned on Sunday that the 2 corporations plan to collectively develop a worldwide telecommunications-oriented multilingual massive language mannequin and construct an AI platform.
SK Telecom declined to disclose the dimensions of its Might funding or the dimensions of its stake in Anthropic.
Anthropic was based by former OpenAI executives in 2021. Its Claude fashions are seen as main rivals to OpenAI’s GPT-4.
In July, SK Telecom agreed with Deutsche Telekom, e& and Singapore Telecommunications to kind an alliance to collectively develop telecommunications-driven AI companies.
(Reporting by Joyce Lee. Enhancing by Sam Holmes)
Copyright 2023 Thomson Reuters.
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