KT Corp makes $5.4 billion bet on AI

South Korean telco KT Corp aims to generate KRW1 trillion ($773.1 million) from AI-based services by 2025.
To accomplish this goal, it expects to plough $5.4 billion into its AI business by 2027.
It’s a sizeable bet, but KT Corp said in a statement (in Korean) on Wednesday that its various AI-related services have already turned over $617.9 million to date.
These include AI contact centre (AICC), a customer care service that uses natural language processing to either direct service agents