Upstage Secures $72M to Revolutionize Document AI

Upstage, a San Jose-based AI company, recently closed a Series B funding round, raising a whopping $72 million. This influx of capital will fuel the company's mission to develop cutting-edge large language models (LLMs) for global enterprises. Backed by a diverse group of investors, including SK Networks, KT, and Korea Development Bank, Upstage is poised to reshape the landscape of document processing and AI technology. Led by CEO Sung Kim, Upstage's flagship product, Solar LLM, offers unparalleled performance and efficiency, making it a game-changer in the industry. With a focus on automation and streamlining operations, Upstage's Document AI solution leverages OCR technology to revolutionize workflows and data processing. As the company gears up for global expansion, the future looks bright for Upstage and its innovative AI solutions.