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- 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