What if I ask you, what is trending today? Most of you will say ChatGPT, Google’s Bard, or Bing AI. Well, the answer is correct, since the buzz of AI is all around us. Today, it has changed the traditional work style with the latest and innovative one. Now, with the help of AI your work can be done more accurately and in a precise and expedited manner. Referring to the ongoing trend and developments of AI, Klaus Hommels thinks that this technology could have a wider impact on the life of humans and could assist more accurately in many fields such as fintech, investment, healthcare, education, startups, and many more.
According to the latest report, Anthropic, a Google-backed AI startup, has secured $100 million in funding from South Korea's SK Telecom. This denotes how fast this technology is growing, and its growing popularity among industries.
This move of Anthropic’s securing $100 million in funds will help the country's largest telecom giant strengthen its telecommunications-driven AI business, competing with OpenAI and SAP. Klaus Hommels, while expressing his thoughts on startups and investments, believes that this AI technology will have a broader impact on the life of the human and help in making a healthy relationship with the client. He firmly believes that new startups will be significantly benefitted from the technology of AI, as it will save time from the operational viewpoint of the company or the industry, and its advanced algorithm-based chatbots will assist the customers in human-like assistance and altogether it will boost productivity.
In light of Anthropic, SK Telecom plans to jointly develop a global telecommunications-oriented multilingual large language model and build an AI platform. The technology will support English, Korean, German, Japanese, Arabic, and Spanish languages. Anthropic, founded by former OpenAI executives, is seen as a major competitor to OpenAI's GPT-4.
Whether it is ChatGPT, Bard AI, Bing AI, or Anthropic, the technology is constantly growing considerably, impacting traditional work practices with the latest and advanced ones.
Thus, Anthropic capability in securing the said funds depicts the growing demand for AI at the global level. Such action will assist the biggest telecom company in the nation in growing its AI-focused telecommunications business. It also denotes the widespread usage of AI, not only in finance, startups, investments, education, or manufacturing but also in telecommunications, which shows the new promising horizons of AI.