Investments
58Portfolio Exits
14Partners & Customers
10About SK Telecom
SK Telecom (KRX: 017670) (NYSE: SKM), part of SK Group, is a South Korea-based mobile telecommunications operator. In addition to its mobile network services, the company also provides IoT, media, home and platform services.
Latest SK Telecom News
Aug 27, 2024
Share SK Telecom (SKT) completed a major revamp of its AI personal assistant, with the company claiming it enhanced the natural conversation experience based on a large language model (LLM) and strengthened daily management functions via access to seven agents. The South Korea-based operator noted the entire user experience was overhauled to enable flexible conversations with an LLM-based agent and it integrated key functions into a new daily feature, including calendar, tasks, schedules, routines and sleep. Head of SKT’s AI Service Business Division, Kim Yonghun, explained the assistant’s (dubbed A. and pronounced A-dot) overhaul “ensures a more natural and convenient conversational experience as if the users are interacting with a real personal assistant”. The updated app gives users access to Perplexity, A.X, ChatGPT 3.5 turbo, ChatGPT 4o, Claude Haiku, Claude Opus and Claude Sonnet, with each agent offering unique conversational AI capabilities tailored to the user’s specific needs, SKT stated. The operator said currently the features are offered for free, with the app only available in Korean. In June, the company invested $10 million into US-based generative AI search engine start-up Perplexity, aiming to improve its personal assistant services.
SK Telecom Investments
58 Investments
SK Telecom has made 58 investments. Their latest investment was in SGH as part of their Corporate Minority - P2P on July 15, 2024.
SK Telecom Investments Activity
Date | Round | Company | Amount | New? | Co-Investors | Sources |
|---|---|---|---|---|---|---|
7/15/2024 | Corporate Minority - P2P | SGH | $200M | Yes | 3 | |
6/13/2024 | Corporate Minority | Perplexity | $10M | Yes | 2 | |
2/27/2024 | Corporate Minority | Humane | Yes | 2 | ||
11/6/2023 | Series A | |||||
11/6/2023 | Series B |
Date | 7/15/2024 | 6/13/2024 | 2/27/2024 | 11/6/2023 | 11/6/2023 |
|---|---|---|---|---|---|
Round | Corporate Minority - P2P | Corporate Minority | Corporate Minority | Series A | Series B |
Company | SGH | Perplexity | Humane | ||
Amount | $200M | $10M | |||
New? | Yes | Yes | Yes | ||
Co-Investors | |||||
Sources | 3 | 2 | 2 |
SK Telecom Portfolio Exits
14 Portfolio Exits
SK Telecom has 14 portfolio exits. Their latest portfolio exit was SAPEON on June 12, 2024.
Date | Exit | Companies | Valuation Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model. | Acquirer | Sources |
|---|---|---|---|---|---|
6/12/2024 | Merger | SAPEON | 3 | ||
8/12/2022 | Corporate Majority | 2 | |||
2/8/2022 | Corporate Majority | 6 | |||
Date | 6/12/2024 | 8/12/2022 | 2/8/2022 | ||
|---|---|---|---|---|---|
Exit | Merger | Corporate Majority | Corporate Majority | ||
Companies | SAPEON | ||||
Valuation | |||||
Acquirer | |||||
Sources | 3 | 2 | 6 |
SK Telecom Acquisitions
10 Acquisitions
SK Telecom acquired 10 companies. Their latest acquisition was t-broad Nowon Broadcasting on April 29, 2020.
Date | Investment Stage | Companies | Valuation Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model. | Total Funding | Note | Sources |
|---|---|---|---|---|---|---|
4/29/2020 | Corporate Majority | 2 | ||||
8/22/2019 | Corporate Majority | 3 | ||||
5/8/2018 | Acquired | 5 | ||||
2/26/2018 | Other Venture Capital | |||||
3/1/2016 | Other |
Date | 4/29/2020 | 8/22/2019 | 5/8/2018 | 2/26/2018 | 3/1/2016 |
|---|---|---|---|---|---|
Investment Stage | Other Venture Capital | Other | |||
Companies | |||||
Valuation | |||||
Total Funding | |||||
Note | Corporate Majority | Corporate Majority | Acquired | ||
Sources | 2 | 3 | 5 |
SK Telecom Partners & Customers
10 Partners and customers
SK Telecom has 10 strategic partners and customers. SK Telecom recently partnered with Lambda on August 8, 2024.
Date | Type | Business Partner | Country | News Snippet | Sources |
|---|---|---|---|---|---|
8/21/2024 | Partner | United States | SK Telecom to deploy Nvidia GPU cluster with Lambda Hot on the heels of its AI chip unit merger news , the South Korean network operator has announced a partnership with San Francisco-based Lambda that will result in the deployment of a cluster of Nvidia GPU graphics processor units and SK Telecom 's entry into the emerging GPU-as-a-Service sector . | 1 | |
7/29/2024 | Distributor | Malaysia | SK Telecom Expands 'X Caliber' Veterinary Diagnosis Assistant to Three Major Southeast Asian Markets - SK Telecom signs agreements in Malaysia , Thailand and Vietnam to supply ' X Caliber ' , its AI-based veterinary diagnosis service , as demand for pet care grows | 4 | |
6/21/2024 | Partner | Germany, Singapore, United Arab Emirates, and Japan | Singtel, Deutsche Telekom, e&, SK Telecom, SoftBank Corp team up for multilingual Telco LLM Singtel , Deutsche Telekom , e & , SK Telecom , SoftBank Corp team up for multilingual Telco LLM | 2 | |
5/24/2024 | Partner | ||||
5/15/2024 | Partner |
Date | 8/21/2024 | 7/29/2024 | 6/21/2024 | 5/24/2024 | 5/15/2024 |
|---|---|---|---|---|---|
Type | Partner | Distributor | Partner | Partner | Partner |
Business Partner | |||||
Country | United States | Malaysia | Germany, Singapore, United Arab Emirates, and Japan | ||
News Snippet | SK Telecom to deploy Nvidia GPU cluster with Lambda Hot on the heels of its AI chip unit merger news , the South Korean network operator has announced a partnership with San Francisco-based Lambda that will result in the deployment of a cluster of Nvidia GPU graphics processor units and SK Telecom 's entry into the emerging GPU-as-a-Service sector . | SK Telecom Expands 'X Caliber' Veterinary Diagnosis Assistant to Three Major Southeast Asian Markets - SK Telecom signs agreements in Malaysia , Thailand and Vietnam to supply ' X Caliber ' , its AI-based veterinary diagnosis service , as demand for pet care grows | Singtel, Deutsche Telekom, e&, SK Telecom, SoftBank Corp team up for multilingual Telco LLM Singtel , Deutsche Telekom , e & , SK Telecom , SoftBank Corp team up for multilingual Telco LLM | ||
Sources | 1 | 4 | 2 |
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