OUR PARTNERS
South Korea’s SK Telecom Announces Partnership With Perplexity
01 July, 2024
In a strategic move blending telecommunications with cutting-edge technology, South Korea’s SK Telecom announced a budding partnership with Perplexity, a rising star in the search engine domain. This collaboration is set to bring forth an innovative merger of services, potentially reshaping the landscape of digital search and offering new AI-powered capabilities to consumers.
SK Telecom, known for being an innovator in wireless telecommunications, is poised to enhance its service value by integrating Perplexity’s search engine into its expansive network. Perplexity, with a significant user base of 45.6 million visits registered in December according to Similarweb, offers both free and premium services, with the premium version granting unlimited searches for $20 a month. The primary details of their alliance, including when SK Telecom’s users will gain access to Perplexity Pro’s advanced features, are still being formulated, as divulged by SKT’s investment team.
Financially, there is ample room for the partnership to grow. SK Telecom has not dismissed the prospect of extending its investment in Perplexity or even forming a joint venture, bringing in a breadth of opportunities for both entities. Perplexity’s CEO, Aravind Srinivas, expressed his enthusiasm in an interview, depicting the deal as a reciprocal arrangement. “It’s a win-win situation because SK Telecom is giving more value-add to their subscribers and we are getting access to their subscribers through their distribution channels,” stated Srinivas.
The collaboration has the potential to be more than just an integration of services; it is an embodiment of SK Telecom’s ongoing commitment to innovation. The telecom giant has previously sought partnerships with Silicon Valley startups, aiming to incorporate pioneering AI technology into its offers. Notably, last year, SK Telecom announced a substantial investment of $100 million in U.S. AI model developer, Anthropic, intended to co-create a large language AI model tailored for the telecommunications sector.
As the two companies embark on this joint venture, users of SK Telecom can look forward to a potentially enriched experience powered by AI text generator and search engine technologies that Perplexity brings to the table. Such technology can revolutionize the way SK Telecom’s subscribers engage with internet content, yielding rapid, seamlessly integrated information directly through their telecom service.
Engaging with the latest AI news & AI tools, SK Telecom is demonstrating its visionary approach to harnessing artificial intelligence generated images, video, and content to cater to the evolving needs of their customer base. In a market where value creation is pivotal to consumer retention and satisfaction, the partnership holds promise to deliver sophisticated, AI-enhanced services.
Perplexity’s sophisticated algorithms and user-friendly platform, when coupled with SK Telecom’s powerful distribution and entrenched user base, are set to offer a superior search experience. The alliance aligns well with the global trend of telecom companies searching for innovative ways to diversify their offerings and keep pace with technological advancements.
The pursuit of such dynamic collaborations in the telecommunications and AI industries illustrates a drive towards the usage of artificial intelligence in various consumer products and services. With this partnership, SK Telecom and Perplexity are nt only formulating a feasible commercial model but also pioneering the integration of AI capabilities into everyday digital interactions, thereby setting a precedent for future tech-telecom synergies.
For avid followers and consumers in the AI news industry, this partnership represents an intriguing development—SK Telecom is not only positioning itself as a facilitator of AI-powered solutions but is also giving a platform to promising AI-centric ventures like Perplexity. This puts both companies in the spotlight for users and investors alike, eager to see the fruit that emerges from this fusion of telecommunication prowess and AI ingenuity.