- Upstage and AWS extend partnership to leverage advanced cloud technologies for generative AI solutions.
- SOLAR MINI, a customizable small language model, launched on AWS supports Korean, Japanese, English (Thai in 2024).
- Upstage’s AI solutions enable industry-specific applications without model training from scratch.
- AWS provides security infrastructure and guidance for responsible AI deployment and cost optimization.
- SOLAR models available on Amazon SageMaker JumpStart and AWS Marketplace for easy deployment.
- Over 400 global customers in education, healthcare, finance, and telecom utilize Upstage’s AI solutions.
- Upstage showcases advancements at AWS Summit Washington D.C., engaging with industry leaders.
Main AI News:
Upstage, a prominent South Korean artificial intelligence (AI) independent software vendor (ISV) specializing in generative AI enterprise solutions, has announced a multi-year Strategic Collaboration Agreement (SCA) with Amazon Web Services (AWS). This agreement extends their existing partnership to leverage AWS’s advanced cloud technologies and services aimed at unlocking new generative AI capabilities for global customers.
As part of the agreement, Upstage joins the AWS ISV Accelerate Program, facilitating co-selling with AWS to enhance the global reach of their flagship large language model (LLM), SOLAR. In March 2024, Upstage introduced SOLAR MINI Small Language Model (SLM) on AWS, a versatile model customizable for tasks in Korean, Japanese, and English (Thai to follow in 2024). SOLAR MINI supports functions such as understanding, summarizing, translating, and predicting content, tailored for industry-specific applications without requiring customers to train models from scratch.
Backed by AWS’s robust security infrastructure, Upstage ensures stringent data protection and confidentiality for user data. AWS supports Upstage with best practices for responsible AI deployment and operational efficiency, leveraging services like Amazon SageMaker to optimize machine learning operations and fine-tune SOLAR for precise, context-aware responses in applications.
“SOLAR models are now available on Amazon SageMaker JumpStart and AWS Marketplace, facilitating easy deployment for third-party solutions,” noted Sung Kim, CEO and co-founder of Upstage, highlighting the strategic alignment with AWS to expand generative AI globally.
AWS Korea’s Director of Public Sector, Jeongwon Yoon, expressed enthusiasm about the partnership, stating, “This collaboration underscores our shared goal of democratizing advanced machine learning and accelerating AI adoption across industries.”
Upstage’s generative AI solutions are currently utilized by over 400 global customers across sectors such as education, healthcare, finance, and telecommunications. Partners like Shinhan Securities and Law&Company are leveraging Upstage’s technology to develop customized LLMs and knowledge bases tailored to enhance productivity and accuracy in financial investments and legal services, respectively.
The collaboration between Upstage and AWS signifies a pivotal step towards delivering innovative, secure, and high-performance generative AI services globally. Upstage will showcase its advancements at the AWS Summit Washington D.C. from June 26 to 27, 2024, engaging with industry leaders to drive transformative outcomes in the cloud.
Conclusion:
Upstage’s strategic collaboration with AWS marks a significant advancement in democratizing generative AI across diverse industries. By leveraging AWS’s robust cloud infrastructure and extensive market reach, Upstage enhances its ability to deliver secure, scalable AI solutions globally. This partnership underscores a growing trend towards accessible, industry-specific AI applications, positioning both companies to drive transformative outcomes in the AI market.
