IANS | 13 Jun, 2024
SK Telecom, a leading South Korean mobile carrier, said on Thursday it
will invest $10 million in US Artificial Intelligence (AI) startup Perplexity
to cooperate on AI search services.
Perplexity also plans to invest in Global AI Platform, an AI service
developing arm of SK Telecom in Silicon Valley, according to the Korean
company.
However, it did not elaborate on the financial terms of the US side,
reports Yonhap news agency.
SK Telecom and Perplexity signed a strategic partnership during the
Mobile World Congress in February to boost their cooperation in the AI search
engine business.
Through mutual investments, Perplexity plans to help SK Telecom develop
an AI search engine for the personal AI assistant service that the Korean
company is currently developing for the global market, as well as its existing
service, A.
To support this collaboration, SK Telecom will provide Korean-language
data and cultural content to Perplexity to help the startup fine-tune its large
language model and make its search solution more sophisticated.
Perplexity's service is considered a challenger to Google, the world's
biggest search engine, as it uses generative AI models to answer users'
inquiries swiftly and with sources of information.
"Based on the cooperation between the two companies, we plan to
strengthen the search capabilities of A. and release a globally top-level AI
personal assistant service," Lee Jae-shin, SK Telecom's head of global
business development, said.
Meanwhile, the Korean company said it plans to provide the paid version
of Perplexity's search service to its subscribers for free for one year.
--IANS
na/dan
Seoul, June 13 (IANS) SK Telecom, a leading South Korean mobile carrier,
said on Thursday it will invest $10 million in US Artificial Intelligence (AI)
startup Perplexity to cooperate on AI search services.
Perplexity also plans to invest in Global AI Platform, an AI service
developing arm of SK Telecom in Silicon Valley, according to the Korean
company.
However, it did not elaborate on the financial terms of the US side,
reports Yonhap news agency.
SK Telecom and Perplexity signed a strategic partnership during the
Mobile World Congress in February to boost their cooperation in the AI search
engine business.
Through mutual investments, Perplexity plans to help SK Telecom develop
an AI search engine for the personal AI assistant service that the Korean
company is currently developing for the global market, as well as its existing
service, A.
To support this collaboration, SK Telecom will provide Korean-language
data and cultural content to Perplexity to help the startup fine-tune its large
language model and make its search solution more sophisticated.
Perplexity's service is considered a challenger to Google, the world's
biggest search engine, as it uses generative AI models to answer users'
inquiries swiftly and with sources of information.
"Based on the cooperation between the two companies, we plan to
strengthen the search capabilities of A. and release a globally top-level AI
personal assistant service," Lee Jae-shin, SK Telecom's head of global
business development, said.
Meanwhile, the Korean company said it plans to provide the paid version
of Perplexity's search service to its subscribers for free for one year.