Anthropic Secures $100 Million Funding from SK Telecom for Multilingual LLM Development

Artificial Intelligence Startup Anthropic Secures $100 Million Funding from SK Telecom

Anthropic, an AI startup, has received $100 million in funding from SK Telecom (SKT), a major player in the South Korean telecommunications industry. The investment aims to develop a multilingual large language model (LLM) for global telecom companies. Anthropic previously raised $450 million in a Series C round, with participation from SKT and Google. The partnership between Anthropic and SKT will focus on creating a multilingual LLM to support several languages. Anthropic’s AI system, Claude, streamlines corporate tasks and has applications in customer service, marketing, sales, and consumer applications in the telecom industry. The company’s latest product, Claude Instant bot version 1.2, offers comparable capabilities to GPT-3.5 and can handle over 100K tokens of context.

Key Points:

Anthropic secures $100 million in funding from SK Telecom for the development of a multilingual large language model (LLM) for global telecom companies.
SKTVC, the venture capital arm of SK Telecom, participated in Anthropic’s previous funding round.
Anthropic and SKT will focus on creating a multilingual LLM to support languages such as English, Korean, German, Japanese, Arabic, and Spanish.
Anthropic’s AI system, Claude, is designed to streamline corporate tasks in the telecom industry, including customer service, marketing, sales, and interactive consumer applications.
Claude Instant bot version 1.2 offers comparable capabilities to GPT-3.5 and can handle over 100K tokens of context.

Hot Take:

The $100 million funding from SK Telecom signifies the telecom industry’s commitment to AI advancements. The partnership between Anthropic and SKT aims to develop a multilingual language model that will revolutionize communication in various languages. Anthropic’s Claude AI system has the potential to transform customer service, marketing, and sales processes in the telecom sector. With the introduction of Claude Instant bot version 1.2, Anthropic is making AI technology more accessible and affordable. This collaboration highlights the growing investment and interest in AI technology in 2021.