Joint Development and Sales Agreement Signed

Upstage is partnering with FuriosaAI to expand the AI technology ecosystem. From the right, Seonghun Kim, CEO of Upstage, and Junho Baek, CEO of FuriosaAI, are posing for a commemorative photo after signing a business agreement at FuriosaAI's headquarters in Gangnam, Seoul on the 27th.

Upstage is partnering with FuriosaAI to expand the AI technology ecosystem. From the right, Seonghun Kim, CEO of Upstage, and Junho Baek, CEO of FuriosaAI, are posing for a commemorative photo after signing a business agreement at FuriosaAI's headquarters in Gangnam, Seoul on the 27th.

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[Asia Economy Reporter Minyoung Cha] Domestic artificial intelligence (AI) company Upstage is joining forces with AI semiconductor startup PuriosaAI to expand the AI technology ecosystem.


Upstage announced on the 30th that the two companies signed a joint development and sales agreement on the 27th to expand the AI ecosystem.


Led by CEO Junho Baek, Puriosa is an AI semiconductor fabless (design) startup that recently gained recognition for its technology by launching the high-performance AI semiconductor for computer vision, "Warboy."


Based on this agreement, the two companies will optimize Upstage's AI Pack with Puriosa's AI semiconductor Warboy to jointly develop solutions combining hardware and software. They will explore various ways to utilize AI Pack and specialized AI chips and help companies undergoing AI transformation easily adopt these solutions.


Through this collaboration, Upstage plans to optimize AI Pack not only for Puriosa's first-generation chip Warboy but also for the next-generation chip currently under development, jointly developing integrated solutions related to OCR technology. They will also cooperate in joint sales to ensure companies can effectively utilize the jointly developed solutions.


Kim Seonghoon, CEO of Upstage, said, "With the collaboration between Upstage, a leading domestic AI company, and Puriosa, companies wishing to adopt AI can now access self-learning AI software and high-performance hardware more easily and at a lower cost."



Junho Baek, CEO of PuriosaAI, said, “We expect that the total solutions combining AI applications and computing developed through our collaboration will accelerate AI adoption in enterprises and jointly pioneer innovative business models in both domestic and global markets.”


This content was produced with the assistance of AI translation services.

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