SK Telecom (NYSE:SKM), Deutsche Telekom, e&, Singtel and SoftBank Corp., the founding parties of the Global Telco AI Alliance (GTAA), signed a Joint Venture agreement yesterday at TM Forum’s DTW24-Ignite. This agreement marks the founding parties’ commitment to co-develop and launch multilingual Large Language Models (Telco LLM) specifically tailored to the needs of telecommunications companies.
The JV will see equal investments from the founding parties to develop the Telco LLM that will aim to help telcos improve their customer interactions via digital assistants and other innovative AI solutions. The Telco LLM will be multilingual including; Korean, English, German, Arabic, and Bahasa among other languages. The launch of the JV is subject to customary regulatory approvals.
The JV will look at deploying innovative AI applications tailored to the needs of the founding parties in their respective markets, enabling them to reach a global customer base of approximately 1.3 billion across 50 countries.
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