South Korean AI startup Upstage raises $72M in Series B funding, led by SK Networks and KT Corp., for global expansion.

South Korean AI startup Upstage raises $72M in Series B funding, led by SK Networks Co. and KT Corp., for expansion in US, Japan, and Southeast Asia. The company, co-founded by Sung Kim (formerly of Naver Corp.), offers document processing engines and large-language model Solar, aiming to enter the global generative AI market. This latest round triples its previous Series A funding in 2021.

April 16, 2024
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