SK Telecom CEO Ryu Young-sang speaks to the press at Mobile World Congress (MWC) 2024 in Barcelona on Feb. 26, 2024 (Courtesy of Yonhap)
SK Telecom Co., South Korea’s top mobile carrier, is accelerating its artificial intelligence push by luring more domestic partners into its AI alliance to better compete with global Big Tech companies.
Last week, the K-AI Alliance, an SK Telecom-led Korean AI group, held Unite 2024, its annual gathering, in Silicon Valley, where the telecom company said it is opening up its alliance wider to attract more local AI companies into its fold.
The alliance launched in February 2023 and was led by SK Telecom in partnership with seven AI startups – Phantom AI, Sapeon, Bespin Global, Moloco, Konan Technology, Sweet Technologies and Tuat.
(Graphics by Dongbeom Yun)
At this year’s Unite event, the alliance welcomed two new Korean members – GPU and AI computing platform operator Lablup and media-specialized AI firm XL8, raising the number of its member companies to 18.
“You alone cannot keep up with the pace of AI innovation. Cooperation is essential to survival in this field. With our strengthened alliance, we will show the world the strength of the Korean AI power,” said SK Telecom Chief Executive Ryu Young-sang.
TRANSITION FROM TELCO TO AI FIRM
SK Telecom strives to transform into an AI company from a mobile carrier.
SK Group Chairman Chey Tae-won (fourth from left) and executives from Deutsche Telekom, e&, SingTel and SoftBank pose for a photo on Feb. 26 at the MWC 2024 in Barcelona
In July 2023, the company joined forces with three global peers – Singapore Telecommunications Ltd. (SingTel), Deutsche Telekom and the United Arab Emirates’ e& – to launch a global AI group, the Global Telco AI Alliance (GTAA).
The alliance boasting a combined user base of 1.3 billion people worldwide, became bigger this February, joined by Japan’s SoftBank Group Corp.
The five partners recently set up a joint venture to develop a large language model (LLM) tailored to the needs of telecommunication companies.
The companies plan to create multinational LLMs that support various languages starting with English, Korean, Japanese, German and Arabic.
Just a couple of years ago, SK Telecom pursued AI technology development in-house but recently changed its policy to grow via partnerships with other AI firms.
“SK has seen limitations in fostering its AI business alone,” said an industry official.
By Ji-Eun Jeong
jeong@hankyung.com
In-Soo Nam edited this article.