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Upstage Signs Multi-Year Strategic Collaboration Agreement with AWS to Accelerate Generative AI Innovation
Jun 27, 2024•almost 2 years ago
Contract Type
partnership
San JoseInformation TechnologySoftwareinformation technology & servicesDescription
Upstage, a leading South Korean artificial intelligence (AI) independent software vendor (ISV), has announced a multi-year Strategic Collaboration Agreement (SCA) with Amazon Web Services (AWS) to leverage the most secure and advanced cloud technologies and services. This agreement will help customers unlock new generative AI capabilities and expand the global reach of Upstage's flagship large language model (LLM) SOLAR globally.
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Agreement Insights
Based on industry dataStrategic partnership established
Partnership agreements typically involve technology integration and joint go-to-market strategies
Contract momentum indicator
Companies with recent agreements are 2.3x more likely to make additional purchases within 6 months