Amazon (AMZN) and AMD (AMD) joined Korean Development Bank, in a $45 million equity funding round for South Korean AI company Upstage, the latter said Thursday.
The company stated that this funding round brings its total capital to $157 million and will accelerate the development of its next-generation Solar language model, advance document AI products, and support go-to-market expansion in the US and Asia-Pacific.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.