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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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