South Korean Mobile Giant KT to Invest $5.3 Billion in AI Service Research and Development over the Next Five Years

June 23 (Cointime) - South Korean mobile company KT has announced its plan to invest $5.3 billion in AI service research and development over the next five years. The company aims to exceed $764 million in annual sales from AI businesses by 2025. KT's strategy includes AI-driven robots, care, and education, as well as AI contact centers and logistics business, all of which are customer-customized AI services. The company plans to expand internationally, partnering with Singapore's top telecom company, Singtel, to introduce an AI transportation platform, and commercializing AI care services in Vietnam.

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