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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The AI business revenue grew 13.9% year-on-year, partially offsetting the drop in telecom revenue. AIDC revenue posted KRW 108.7 billion, up 13.3% year-on-year, thanks to the increase in data center utilization rates. AIX revenue grew 15.3% year-over-year to KRW 46.8 billion on the back of the increase in B2B solution sales.
- Yang-Seob Kim
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Quotes from sk-telecom Executives About Artificial Intelligence and Generative AI
In June, SK Telecom announced a plan to establish a hyperscale AI data center together with AWS and SK Group affiliates. In the Ulsan region, where SK Group has secured sufficient land and electricity, we will build Korea's first and largest AI data center with the world's largest cloud company, AWS, to secure a hub for AI Infrastructure Superhighway.
- Yang-Seob Kim
For instance, in June, we announced a plan to build an AI data center in Ulsan, which is expected to contribute proactively to the government's initiative to build an AI highway and create a national AI innovation hub, thereby positioning SK Telecom as an important partner for the government in terms of AI policy implementation.
- Young Sang Ryu
Furthermore, we released A.X 3.1, our own Korean-specific LLM as open-source to support AI adoption in diverse domestic and foreign business sectors, and we tested Rebellion's AI chip ATOM for our AI services, including A.co.
- Young Sang Ryu
Based on our prepared capabilities, we will establish ourselves as a leading AI company representing Korea.
- Young Sang Ryu