SK Telecom announces $10M investment in Perplexity AI

SK Telecom (SKT) has announced a $10 million investment in generative AI search engine startup Perplexity AI.

The partnership enhances SKT’s presence in the field of generative AI search technology, an area that has drawn considerable interest from major tech companies. The collaboration is expected to bolster SKT's 'AI personal assistant' services.

Perplexity, a rapidly growing rival to Google, has already established a formidable presence in the AI search...

SK Telecom and Intel develop low-latency 6G Core tech

SK Telecom (SKT) has collaborated with Intel to successfully develop technology that can significantly reduce communication delays in 6G Core networks.

The Core network acts as the gateway for all voice and data traffic from a user's mobile device to access the internet. As networks become more complex with 5G and 6G, communication delays within the Core network have increased, making it difficult to provide the speed and reliability needed for advanced services like...

SK Telecom secures new ‘ifland’ metaverse partnerships

SK Telecom (SKT) has announced partnerships with three leading tech companies in Southeast Asia to boost the global expansion of its metaverse platform “ifland”.

SKT signed agreements with Malaysia’s largest mobile carrier CelcomDigi, Indonesian game publisher Agate, and Phillipines-based electronics brand Cosmic Technologies.

The partnerships will allow SKT to provide localised content and marketing for ifland in the three countries. In return, the partners gain...

SK Telecom unveils ‘AI pyramid’ strategy and plans to triple AI investment

SK Telecom (SKT) has set a date of 2028 to become a global AI leader, with plans to triple the proportion of its AI-related investments and a revenue target of KRW 25 trillion (£15.1bn).

The operator currently devotes approximately 12% of its investment towards AI and related disciplines, based on 2019 to 2023 figures. Between 2024 and 2028, this number is expected to rise to 33%.

SK Telecom’s AI pyramid has three layers. The bottom layer is AI infrastructure, which...

SK Telecom settles Netflix dispute with strategic partnership

SK Telecom and Netflix have ended their dispute over network usage fees, opting instead for a strategic partnership.

As part of the partnership, SK Telecom aims to enhance the convenience of accessing and paying for Netflix shows and movies on mobile devices and IPTV for their customers. They will provide a range of pricing options and product bundles for users; including services that incorporate Netflix's ad-supported pricing model.

Tony Zameczkowski, VP of APAC...

SK Telecom invests $100M in Anthropic to develop a LLM for telcos

SK Telecom (SKT) has announced a $100 million investment in Anthropic to develop a large language model (LLM) customised for telecommunications companies.

Anthropic is a renowned AI safety and research firm based in San Francisco. SKT’s venture capital firm, SK Telecom Venture Capital, has previously invested in Anthropic.

The deepening collaboration between SKT and Anthropic aims to create a groundbreaking advancement in AI for telcos. The partnership has set its...

Singtel partners with SK Telecom for its first metaverse event

Singtel has partnered with SK Telecom (SKT) to hold its first metaverse event.

The event, ‘Destination:ifland’, was held at the Singtel Comcentre in Singapore. Users were able to design their own digital avatars to take part in a range of activities.

Anna Yip, CEO, Consumer Singapore at Singtel, commented:

“The evolution of the internet is shifting towards a creator economy and immersive virtual worlds. This requires an ultra-low latency network with...

SK Telecom and NTT DOCOMO establish metaverse, 6G partnership

SK Telecom (SKT) and NTT DOCOMO have established a partnership to improve their metaverse offerings and advance 6G research.

“The MOU has a significant meaning as it is a cooperation between the representative mobile operators of Korea and Japan,” said Ryu Young-sang, President & CEO of SKT.

“By working together with NTT DOCOMO in the area of future ICT, we will generate tangible results that drive global ICT innovation."

Both telcos already operate...

SK Telecom uses blockchain to help people store national documents

SK Telecom is launching a blockchain-powered wallet for storing national documents in a government-led digitalisation push.

The largest wireless carrier in South Korea has been granted approval by the Ministry of Public Administration and Security to issue its first digital wallet for documentation.

Documents which can be stored in SK Telecom’s blockchain-powered wallet include resident registration cards, health insurance qualification certificates, immigration...