Amazon and AMD invest $45M in South Korean AI startup Upstage
South Korean AI startup Upstage has raised $45 million in a Series B round led by Amazon and Advanced Micro Devices (AMD). The funds will accelerate development of Upstage’s enterprise-grade large language model and support its US and Asia-Pacific expansion. Upstage plans to differentiate itself in the competitive AI landscape by focusing on privacy, cost efficiency, and customization for businesses.
The investment highlights rising global interest in regional AI players and signals increasing competition in enterprise-focused AI solutions.
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