South Korea · General

Gov't to inject 560 bln won into S. Korean AI startup Upstage

· By Kang Jae-eun
Story summary

SEOUL, May 3 (Yonhap) -- Financial authorities said Sunday they approved a 560 billion-won (US$380.6 million) investment in Upstage Co., a local artificial intelligence (AI) startup, marking the second direct investment by the Korea National Growth Fund.

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