AI Index / SK Telecom Co.,Ltd
SK Telecom Co.,Ltd (SKM)
SK Telecom develops AI solutions for telecommunications, including telco-specific large language models and AI data centers. The company’s Global Telco AI Alliance and AI Pyramid Strategy show a focus on AI across telecommunications and enterprise segments, supporting a stated goal to be a global AI leader.
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Location: KR
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Market Cap: $8.1B
link
https://www.sktelecom.com
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For SK Telecom, 2024 was all about operational improvements and artificial intelligence. While operational improvement efforts further strengthened our competitiveness in the telecom business, the AI Pyramid Strategy guided us in refining business models and establishing execution systems to lay the foundation to become an AI company.
- Yang-Seob Kim
Quotes from sk-telecom Executives About Artificial Intelligence and Generative AI
To continue the trend, we are utilizing AI to further drive cost efficiency in key business areas and processes.
- Yang-Seob Kim
In 2024, SK Telecom strengthened its global AI partnerships through equity investments in diverse AI-related domains. Specifically, we made strategic investments in Lambda and Penguin Solutions to utilize their expertise in AI data center business.
- Yang-Seob Kim
[...] we're closely collaborating with global AI tech companies such as Perplexity and Anthropic for A., Aster and Telco LLM.
- Yang-Seob Kim
[...] we launched SKT GPU-as-a-Service that we have been preparing for a year with Lambda. This year, we will carry out AI business activities in earnest to achieve meaningful growth in AI-related revenue.
- Yang-Seob Kim
[...] starting from this year, we will announce quarterly sales of AIX and AIDC, which are AI-related B2B business, to provide you with a more comprehensive view of AI business growth.
- (CFO) Yang-Seob Kim
[...] revenue from AIDC in 2024 was KRW 397.4 billion [...] but we recently launched GPU-as-a-Service in partnership with Lambda [...] We anticipate about a double-digit growth rate for AIDC business this year.
- (CFO) Yang-Seob Kim
A. has established itself as a major personal AI agent service in Korea...we plan to introduce a subscription-based paid service within this year.
- Kim Ji Hoon
Aster aims to be an agentic AI that can not only respond to user prompts but also execute necessary daily tasks through communication with users.
- Lee Jae Shin