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SK Telecom, NTT, and Chunghwa Telecom have launched the IOWN AI Fund, aiming for $500 million to invest in AI technologies.

Sep 01, 2026•1 day ago
South KoreaHardwareArtificial IntelligenceMachine Learning

Description

On June 10, SK Telecom announced a joint AI fund with NTT and Chunghwa Telecom. The IOWN AI Fund will have a size of $500 million and focus on investing in next-gen AI technologies. Additionally, a fund management company, Catalight Capital, will be established to manage the fund. The initiative will lead to growth for portfolio companies through financial and technological support.

Company Information

Company

SK Telecom

Location

South Korea

About

SK Telecom has been leading the growth of the mobile industry since 1984. Now, it is taking customer experience to new heights by extending beyond connectivity. By placing AI at the core of its business, SK Telecom is rapidly transforming into an AI company. It is focusing on driving innovations in areas of telecommunications, media, AI, metaverse, cloud and connected intelligence to deliver greater value for both individuals and enterprises. For more information, please visit our LinkedIn page www.linkedin.com/company/sk-telecom. SOURCE SK Telecom

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