08:51 AM EDT, 08/20/2025 (MT Newswires) -- Amazon ( AMZN ) and AMD (AMD) joined Korean Development Bank, in a $45 million equity funding round for South Korean AI company Upstage, the latter said Thursday.

The company stated that this funding round brings its total capital to $157 million and will accelerate the development of its next-generation Solar language model, advance document AI products, and support go-to-market expansion in the US and Asia-Pacific.