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- SK Telecom (New York Stock Exchange: SKM) Deutsche Telekom, e& Group, Singtel and SoftBank Corp held the inaugural meeting of the Global Telco AI Alliance at MWC Barcelona 2024 on Monday and announced their plans to create a joint venture to develop large language models specifically tailored to the needs of telecommunications companies.
- LLMs will be designed to help telcos improve customer interactions via digital assistants and chatbots.
- The aim is to develop multilingual LLMs optimized for languages including Korean, English, German, Arabic and Japanese, with plans for additional languages to be agreed between the founding members.
- The joint venture plans to focus on implementing innovative AI applications tailored to the needs of 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 this year.
- Source: press release