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- SK Networks Invests $19 Million in Upstage, a Leading AI Startup
SK Networks Invests $19 Million in Upstage, a Leading AI Startup
SK Networks, an affiliate of SK Group, has committed a KRW 25 billion ($19 million) investment in Upstage, a Korean startup specializing in generative AI solutions. The investment is part of Upstage's Series B funding, positioning SK Networks as the lead investor. Upstage is recognized as a pioneer in the private large language model (LLM) market. The funding aims to facilitate Upstage's market expansion and strengthen its position as a global leader in the LLM industry. SK Networks expresses its commitment to supporting Upstage's growth trajectory.
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Bolivia's state power company, Ende, has chosen Consorcio Hidroeléctrica Miguillas II as the winner to supervise the completion of the 203MW Miguillas hydro project in La Paz department. The winning bid amounted to 26.4 million bolivianos (approximately US$3.82 million). The p...
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Tensions are escalating in the Horn of Africa as Ethiopia pursues a deal to secure twelve miles of sea access along the Somaliland coast for the next 50 years. The agreement includes plans for Ethiopia to construct a naval base at the port of Berbera in exchange for recognizin...
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