KT Corporation and Microsoft have formed a transformative five-year partnership to enhance AI innovation in Korea. This multibillion-dollar collaboration aims to develop customized AI solutions, launch a Korean sovereign cloud, and establish an AX-specialized service company, impacting over 650,000 businesses and 17 million consumers.
KT Corporation and Microsoft Unite for AI Innovation in Korea
On September 29, 2024, KT Corporation and Microsoft announced a groundbreaking five-year partnership. This multibillion-dollar collaboration aims to accelerate AI innovation in Korea, impacting over 650,000 businesses and 17 million consumers.
What’s New?
This strategic partnership focuses on developing customized AI solutions tailored for the Korean market. Notably, it includes the engineering of a Korea-specific version of OpenAI’s GPT-4o and Microsoft’s Phi language models. These AI models will enhance customer service and create industry-specific applications.
“The partnership with Microsoft presents a pivotal opportunity for expanding Korea’s AI foundation and driving transformative innovation,” said KT CEO Young-Shub Kim.
Major Updates
KT plans to launch a new AX-specialized service company, leveraging Microsoft’s expertise to deliver advanced AI solutions to enterprises. This initiative aims to transform businesses in Korea and potentially expand into the ASEAN market.
Additionally, KT and Microsoft will collaborate on developing a Korean sovereign cloud solution. This Secure Public Cloud will cater to regulated industries, ensuring compliance with local privacy regulations.
What’s Important to Know?
KT will also enhance its internal capabilities by migrating existing IT workloads to Microsoft Azure. This migration will modernize KT’s infrastructure, making it more agile and secure. Moreover, the partnership includes plans to equip over 19,000 employees with cloud and AI skills.
“Our strategic partnership brings together KT’s industry expertise with the power of our entire tech stack,” said Satya Nadella, Microsoft’s CEO.
Furthermore, the collaboration will foster an AI ecosystem through joint R&D initiatives. KT and Microsoft will establish a co-innovation center to prototype new AI solutions, supporting startups and enhancing the overall AI landscape in Korea.
Conclusion
This partnership marks a significant step in the evolution of AI in Korea. By combining resources and expertise, KT and Microsoft are set to redefine the technological landscape. The future of AI in Korea looks promising, with innovative solutions on the horizon.
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