Upstage, a South Korean AI startup specializing in AI-native document intelligence tools, has secured $45 million in a Series B bridge funding round led by the Korea Development Bank (KDB), Amazon, and Advanced Micro Devices (AMD). This latest funding brings Upstage's total capital raised to $157 million, following a $72 million Series B round in 2024. The company plans to use the new funds to accelerate the development of its next-generation AI model and to expand its presence in the United States and the Asia-Pacific region. Concurrently, Microsoft’s Work Trend Index 2025 highlights that Indian businesses are expected to lead globally in deploying AI agents. Additionally, several AI companies have announced new initiatives and platforms: Globant introduced Globant Enterprise AI 2.0 featuring a marketplace of AI agents tailored for industries; Lightning AI launched the first multi-cloud GPU marketplace that integrates NeoClouds and hyperscalers, offering up to 70% cost reductions; Hexaware and upGrad debuted the Agentic AI Academy to advance AI workforce transformation; and Confluent unveiled scalable real-time agentic AI with streaming agents. These developments underscore ongoing advancements and investments in enterprise AI technologies worldwide.
Upstage Completes $45M Series B Bridge to Accelerate Enterprise-Grade GenAI and Global Expansion https://t.co/TphAaUpUOi #MachineLearning #AdversarialAI #SmartAI #AI #EnterpriseAI #GenerativeAI #GenAI #MLAlgorithms #DeepLearning #AIResearch #AIRevolution
According to Microsoft’s Work Trend Index 2025, Indian businesses are set to outpace global players in AI agent deployment. #Microsoft #AIAgent https://t.co/3UGi88OFBU
Cognigy is a Leader in the 2025 Gartner® Magic Quadrant™ for Enterprise Conversational AI Platforms https://t.co/2lrPtiKiot #MachineLearning #AdversarialAI #SmartAI #AI #EnterpriseAI #GenerativeAI #GenAI #MLAlgorithms #DeepLearning #AIResearch #AIRevolution