SK Telecom invests $10 mn in Perplexity

The US-based generative AI search engine startup's techs will feature on the S.Korean firm's AI personal assistant service

SK Telecom invests  mn in Perplexity
Seung-Woo Lee 1
2024-06-13 16:00:43 leeswoo@hankyung.com
Artificial intelligence

South Korea's SK Telecom Co. announced on Thursday that it invested $10 million in Perplexity, the US-based generative artificial intelligence (AI) search engine startup.

The company will collaborate with the startup in the generative AI search engine field.

Perplexity will also invest in SK Telecom's Global AI Platform Corporation, established last year in Silicon Valley.

The US-based startup is known for its conversational AI search powered by large language models (LLMs) and has previously secured backing from tech giants like Nvidia and Amazon chairman Jeff Bezos.

This partnership builds on a strategic agreement formed at Mobile World Congress (MWC) 2024 in Barcelona, where SK Telecom and Perplexity committed to working together on AI search engine development.

The investment will enable Perplexity to collaborate on a generative AI search engine for integration into SK Telecom's AI assistant platform A. (A Dot) and its upcoming global AI personal assistant service.

SK Telecom will contribute Korean language data and cultural expertise, along with engaging in joint development activities.

This includes fine-tuning Perplexity's LLMs to optimize search performance for Korean users and enhance overall search solutions.

Perplexity's AI search engine boasts fast response times and leverages reliable sources to prevent the generation of inaccurate information.

Integration with SK Telecom's AI personal assistant service is expected to unlock functionalities like conversational search, search result summarization, and English translation.

SK Telecom plans to offer one-year free subscriptions to Perplexity Pro, the startup's premium search service, to its customers.

Both sides will also launch joint marketing initiatives across various SK Telecom channels, including A., T Universe, and T Membership.

Write to Seung-Woo Lee at leeswoo@hankyung.com

SK Telecom launches AI pet diagnostic solution in Australia

SK Telecom launches AI pet diagnostic solution in Australia

South Korea's SK Telecom Co. announced on Wednesday that it launched its AI-based pet diagnostic assistance service X Caliber in Australia and has begun full-scale promotions.X Caliber, first launched in South Korea in September 2022, utilizes AI to assist veterinarians in diagnosing diseases

SK Telecom eyes tangible results from AI business in 2024

SK Telecom eyes tangible results from AI business in 2024

SK Telecom's headquarters in Seoul (Courtesy of SK) South Korea’s No. 1 mobile carrier SK Telecom Co. is set to accelerate investments in artificial intelligence to bring more tangible outcomes from the advanced technologies by the end of this year. The telecom company will secure fi

Softbank to join SK Telecom-led global AI joint venture

Softbank to join SK Telecom-led global AI joint venture

Deutsche Telekom Chairman Timotheus Höttges (from left), Deutsche Telekom Board Member Claudia Nemat, e& CEO Hatem Dowidar, SK Group Chairman Chey Tae-won, SingTel Group CEO Yuen Kuan Moon, SK Telecom CEO Ryu Young-sang and SoftBank Corp. Chief Information Security Officer Tadashi Iida po

SK Telecom gears up for AI leap in 2024

SK Telecom gears up for AI leap in 2024

SK Telecom booth showcases a variety of AI technologies at CES 2024 (Courtesy of News1 Korea) SK Telecom Co., South Korea’s largest mobile carrier, will expedite its transition into an artificial intelligence company this year after its operating profit jumped nearly 10% last year from th

(* comment hide *}