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SK Telecom completed a $100m investment in Anthropic.

Financials

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Transaction Value£78m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Cross Border

Private

Friendly

Minority

Completed

Single Bidder

United States

artificial intelligence

it consulting

Digital Services

Acquisition

Synopsis

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SK Telecom, one of the biggest mobile carriers in South Korea, completed a $100m investment in Anthropic, an artificial intelligence startup co-founded by former OpenAI leaders. "SKT has incredible ambitions to use AI to transform the telco industry. We’re excited to combine our AI expertise with SKT’s industry knowledge to build a LLM that is customized for telcos. We see industry specific LLMs as having high potential to create safer and more reliable deployments of AI technology," Dario Amodei, Anthropic Co-Founder and CEO.

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