Google-backed Anthropic raises $100 million from South Korea's SK Telecom
- SK Telecom, South Korea's largest telco, plans to invest $100 million in U.S. AI firm Anthropic, aiming to strengthen its telecommunications-driven AI business.
- Anthropic, a well-funded startup competing with OpenAI, has already raised $450 million from investors like Google and Spark Capital.
- SK Telecom and Anthropic will collaborate on developing a global telecommunications-oriented multilingual large language model and building an AI platform.
15 Articles
15 Articles
AI Startup Anthropic Bags $100M From South Korean Telecom Giant Amid Sector's Rise - Alphabet (NASDAQ:GOOG), Alphabet (NASDAQ:GOOGL), SK Telecom Co (NYSE:SKM)
Artificial intelligence (AI) startup Anthropic, co-founded by former OpenAI leaders, secured a $100 million investment from South Korean telecommunications behemoth, SK Telecom Co Ltd (NYSE:SKM). The announcement came three months after Anthropic’s Series C funding round led by Spark Capital which raised $450 million. SK Telecom’s strategic investment highlights its plans to partner with Anthropic in crafting a multilingual large language model …
AI startup Anthropic raises $100M from Korean telco giant SK Telecom
Anthropic, an artificial intelligence startup co-founded by former OpenAI leaders, will receive $100 million in funding from one of the biggest mobile carriers in South Korea, SK Telecom (SKT), the telco company announced on Sunday. The funding news comes three months after Anthropic raised $450 million in its Series C funding round led by Spark Capital in May. Prior to the latest investment, SKT participated in the Series C round through its …
Google-backed Anthropic raises $100 million from South Korea's SK Telecom
SEOUL (Reuters) - South 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.
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