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    Home»News»SKT, Deutsche Telekom, e&, Singtel, and SoftBank to establish AI telecom-focused JV
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    SKT, Deutsche Telekom, e&, Singtel, and SoftBank to establish AI telecom-focused JV

    Press RoomBy Press RoomFebruary 26, 2024No Comments1 Min Read
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    An Asian male executive is holding a pen and signing a document held by an Asian female secretary. Only human hands are shown, no face.

    Wei Ting Chang/E+ via Getty Images

    • SK Telecom (NYSE:SKM) Deutsche Telekom, e& Group, Singtel and SoftBank Corp, Monday held the inaugural meeting of the Global Telco AI Alliance at MWC Barcelona 2024 and announced their plans to establish a joint venture to develop Large Language Models specifically tailored to the needs of telecommunications companies.
    • The LLMs will be designed to help telcos improve their customer interactions via digital assistants and chatbots.
    • The goal is to develop multilingual LLMs optimized for languages including Korean, English, German, Arabic and Japanese, with plans for additional languages to be agreed among the founding members.
    • The joint venture plans to focus on deploying innovative AI applications tailored to the needs of the Global AI Telco Alliance members in their respective markets, enabling them to reach a global customer base of approximately 1.3 billion across 50 countries.
    • The Joint Venture Company will be established within this year.
    • Source: Press Release

    More on SoftBank Group, SK Telecom, etc.

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