Upstage (CEO Kim Seong-hun) announced on the 4th that it has been selected as the final implementation organization for the "Independent AI Foundation Model Development Project," promoted by the Ministry of Science and ICT. Upstage was one of the five elite teams selected through document and presentation evaluations out of 15 applicants for this project. As the only startup selected, it was recognized for its technological prowess and growth potential.
Upstage will participate in a "Type 1" project to develop a new proprietary AI model. The company plans to design and implement its own architecture and learning algorithms to develop a global-class frontier model. The model will be sized between 100 billion and 300 billion parameters, and will support multiple languages, including Korean, English, Japanese, and Southeast Asian languages. Multimodal and industry-specific features will also be sequentially expanded.
For this project, Upstage formed a consortium of industry, academia, and research. Industry partners include Lablup (GPU virtualization), Nota AI (model learning optimization), and Pluto (data preprocessing and evaluation). Researchers from KAIST and Sogang University will also participate in the academic effort, contributing to research achievements and talent development.
Upstage also plans to collaborate with various industries, including medical (Viewno), manufacturing and defense (Machinalax), legal (Law & Company), public (Orchestro), education (Day One Company), global search (Organize), and financial infrastructure (Korea Financial Telecommunications and Clearings Institute), to apply the foundation model to various industries.
Upstage CEO Kim Seong-hun stated, “Through this project, we will secure technological independence and global competitiveness, and contribute to innovation and ecosystem expansion across the domestic AI industry.”
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