Upstage was founded in October 2020 by Sung Kim and colleagues from the Korean AI ecosystem. The company later described its mission as building AI tools for business workflows.
The Upstage founding story VerifiedUpstage announced that its 70B language model ranked No. 1 globally in benchmark testing, surpassing GPT-3.5 according to the company. This marked an early public milestone for Upstage's foundation-model work.
Upstage's 70B Language Model Outperforms GPT-3.5, Becomes Global No.1 VerifiedUpstage said its Solar 10.7B model emerged as the world's top pre-trained LLM on Hugging Face's Open LLM Leaderboard. The company framed the result as a major validation of its smaller, high-performing language-model approach.
Upstage's Solar 10.7B Emerges as World's Top Pre-trained LLM VerifiedUpstage launched the beta for Solar API, opening access to its Solar LLM through a free API. The company positioned it as a broader commercialization step for developers and businesses.
Introducing Solar API Beta VerifiedUpstage announced a partnership with Polaris Office to develop on-device AI document software. The companies described the effort as a move toward commercializing the world's first on-device AI document software solution.
Upstage and Polaris Office Partner to Create World's First On-Device AI Document Software VerifiedAWS announced that Upstage launched its SOLAR MINI small language model on Amazon SageMaker JumpStart and AWS Marketplace. The release expanded distribution of Upstage's model through AWS infrastructure.
Upstage Launches Small Language Model on AWS to Help Businesses Around the World Build and Scale Generative AI Applications for the Korean Market Verified$72M Series B announced Apr 2024.
VerifiedUpstage announced a $72 million Series B financing round. The company said the round brought its cumulative funding to more than $100 million and would support global expansion and further model development.
Upstage Raises $72 Million in Series B Funding to Expand Global Reach of its Groundbreaking AI Solutions VerifiedUpstage announced a multi-year strategic collaboration agreement with AWS to accelerate generative AI innovation. The company said the agreement would help expand its AI offerings globally through AWS programs.
Upstage Signs Multi-Year Strategic Collaboration Agreement with AWS to Accelerate Generative AI Innovation VerifiedUpstage released Solar Pro, describing it as its next-generation generative AI LLM on AWS. The company said the model improved benchmark scores significantly and was aimed at enterprise use cases.
Upstage Releases Next-Generation “Solar Pro” Generative AI LLM on AWS Verified