South Korean telecommunications firm KT (KRX:030200) partnered with Denver-based Palantir Technologies to accelerate its AI transformation business in the US and explore opportunities in South Korea.
The partnership will integrate Palantir's AI solutions with KT's cloud and network infrastructure to offer optimized AI services in South Korea, Yonhap News reported Thursday.
Shares of KT rose nearly 2% in recent trade on Friday.
(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)
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