SK Telecom T Tower headquarters building in Euljiro, Jung-gu, Seoul /Courtesy of SK Telecom

SK Telecom announced on the 12th during its '2024 4th Quarter Conference Call' that it expects its artificial intelligence (AI) business revenue to grow by 30% this year.

Kim Yang-seop, SK Telecom's Chief Financial Officer (CFO), said, "The AIX (AI transformation) business includes various B2B (business-to-business) products such as AI vision and AICC (AI contact center), and recorded a revenue of 193 billion won last year, and this year is expected to grow by about 30%."

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