ETFOptimize | High-performance ETF-based Investment Strategies

Quantitative strategies, Wall Street-caliber research, and insightful market analysis since 1998.


ETFOptimize | HOME
Close Window

Lambda Announces Strategic Partnership with SK Telecom to Expand Cloud Services in South Korea

GPU cloud company expands international presence, furthering mission to build the world’s largest on-demand GPU cloud for AI

Lambda, the AI developer cloud, today announced a partnership with South Korea's largest mobile telecommunications company, SK Telecom (SKT). Amid increasing demand for AI infrastructure in South Korea, the partnership with SK Telecom represents a key step in Lambda’s vision to bring its AI Cloud to engineers across the world.

“SKT shares in our vision to make GPU compute as ubiquitous as electricity,” said Lambda CEO and co-founder, Stephen Balaban. “Given the rapid pace of AI innovation happening in South Korea, we’re excited to partner with SKT in their mission to transform their company and country into a global AI powerhouse.”

As part of the agreement, Lambda and SK Telecom will deploy Lambda’s AI Cloud platform into SK Broadband’s Gasan data center later this year, enabling SK Telecom to introduce a South Korea based GPU cloud service. This deployment will enable SK Telecom to bring local AI cloud services to enterprises, startups, and research labs in South Korea.

“Through our strategic partnership with Lambda, we are able to bolster SK Telecom’s leadership in AI services and capabilities while unlocking new business opportunities,” said Kim Kyeong-deog, Vice President and Head of Enterprise Business Division at SK Telecom.

About Lambda

Lambda was founded in 2012 by AI engineers with published research at the top machine learning conferences in the world. Our GPU cloud and on-prem hardware enables AI engineers to easily, securely and affordably build, test and deploy AI products at scale. Lambda’s mission is to accelerate human progress with ubiquitous and affordable access to computation. One person, one GPU.

Contacts

Stock Quote API & Stock News API supplied by www.cloudquote.io
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms Of Service.


 

IntelligentValue Home
Close Window

DISCLAIMER

All content herein is issued solely for informational purposes and is not to be construed as an offer to sell or the solicitation of an offer to buy, nor should it be interpreted as a recommendation to buy, hold or sell (short or otherwise) any security.  All opinions, analyses, and information included herein are based on sources believed to be reliable, but no representation or warranty of any kind, expressed or implied, is made including but not limited to any representation or warranty concerning accuracy, completeness, correctness, timeliness or appropriateness. We undertake no obligation to update such opinions, analysis or information. You should independently verify all information contained on this website. Some information is based on analysis of past performance or hypothetical performance results, which have inherent limitations. We make no representation that any particular equity or strategy will or is likely to achieve profits or losses similar to those shown. Shareholders, employees, writers, contractors, and affiliates associated with ETFOptimize.com may have ownership positions in the securities that are mentioned. If you are not sure if ETFs, algorithmic investing, or a particular investment is right for you, you are urged to consult with a Registered Investment Advisor (RIA). Neither this website nor anyone associated with producing its content are Registered Investment Advisors, and no attempt is made herein to substitute for personalized, professional investment advice. Neither ETFOptimize.com, Global Alpha Investments, Inc., nor its employees, service providers, associates, or affiliates are responsible for any investment losses you may incur as a result of using the information provided herein. Remember that past investment returns may not be indicative of future returns.

Copyright © 1998-2017 ETFOptimize.com, a publication of Optimized Investments, Inc. All rights reserved.