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Anthropic Reportedly Taps Wilson Sonsini as It Prepares for a Potential 2026 IPO 
SK Telecom pours $100 million into Anthropic, a U.S.-based AI startup, to amplify its presence in the AI sector. By collaborating with Anthropic, the telecom giant intends to develop an advanced AI platform supporting multiple languages. This partnership underscores the increasing global significance of AI technologies and positions both firms at the forefront of industry innovation.
SK Telecom confirmed its multi-million investment in the AI company on Sunday, Aug. 13. Anthropic was founded by former OpenAI members, which operate the popular ChatGPT.
The leading telecom firm in South Korea revealed it plans to work with Anthropic to create its own AI platform and large language model (LLM) that supports various languages such as Korean, English, Japanese, and German.
As per Yonhap News Agency, Jared Kaplan, the chief scientist at the San Francisco-based AI firm, has been appointed to head the development of a new LLM. He is also the co-founder of Anthropic, and based on the new partnership, SK Telecom will boost its LLM model to make it more efficient and allow the company to serve customers' needs better.
"We aim to take a leading role in fostering an AI ecosystem jointly with global telecommunication companies, based on SKT's AI technologies specialized in Korean and Anthropics' global AI competence," Ryu Young Sang, the chief executive officer of SK Telecom, said in a statement.
Meanwhile, The Korea Times reported that SK Telecom decided to invest in Anthropic to amplify their cooperation in the AI business. The publication further quoted the company as saying about its new partner, "Anthropic has a strong safety record with its Constitutional AI technology to minimize the harmful effects of generative AI services. In May, U.S. President Joe Biden invited the CEOs of four companies, including Anthropic, Google, Microsoft and OpenAI, to the White House to discuss the security and safety of AI technology."
Photo by: SK Telecom Website
