SK Telecom Chalks Out AI Game Plan, Expects AI Investment To Triple
Portfolio Pulse from Lekha Gupta
SK Telecom Co Ltd (NYSE:SKM) has unveiled a new 'AI Pyramid Strategy' to become a global AI company. The strategy focuses on AI Infrastructure, AI Transformation (AIX), and AI Service. The company plans to expand its data center business globally, launch a next-generation inference AI chip, and develop LLM customized to telcos and enterprise markets. It also aims to integrate AI into its core business areas and launch the world's first Korean LLM service. The company expects AI-related investment to triple to 33% over the next five years.

September 26, 2023 | 10:44 am
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SK Telecom's new AI strategy could boost its competitiveness in the global market. The company's plan to triple its AI-related investment over the next five years indicates a strong commitment to AI development.
The company's new AI strategy and increased investment in AI could lead to the development of innovative products and services, potentially boosting its market share and profitability.
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