SK Telecom targets $18.5 billion in AI revenue by 2028

Written by Nick Wood

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SK Telecom targets $18.5 billion in AI revenue by 2028

South Korea’s SK Telecom (SKT) will triple investments in AI over the next five years in an effort to cash in on the hype.

It has launched the ‘AI Pyramid Strategy’, which paves the way for SKT to become a global AI company – at least that’s what it hopes the plan will do.

There are three layers to this pyramid: AI infrastructure, AI transformation, and AI service.

AI Infrastructure represents the bottom layer. It consists of AI data centres, AI semiconductors and multi large language models (multi-LLMs), and forms the foundation of the new strategy.

When it comes to data centres, SKT has a plan to almost double its existing capacity by 2030 in order to host more AI-based services and workloads. It aims to keep a lid on energy consumption by using liquid cooling systems and hydrogen fuel cells.

SKT’s AI chip making arm, Sapeon, will also introduce a new inference AI chip, the X330, by the end of this year. Inference chips are designed specifically to handle AI workloads, and SKT claims the X330 offers approximately twice the computational performance and 1.3 times the power efficiency compared to what’s available today.

Read more on Telecoms.com

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