[MWC] SKT pledges multitrillion-won investment for AI overhaul

SK Telecom CEO Jung Jai-hun pledged trillions of won in investment in an AI-centered overhaul — equivalent to billions of US dollars — at the Mobile World Conference in Barcelona on Sunday. “AI is not a chance for companies but a crisis,” Jung said in his first official press conference since taking office in October. “Those that fail to adapt will inevitably fall behind and perish.” He said sweeping restructuring and investment were unavoidable to reinforce the telecom business’s core — its cus

By The Korea Herald