SK Networks invests KRW 20 billion in AI startup Upstage, lifting stake to 11.5%

Bitget2026/10/13 08:43

Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!

A welcome pack worth 6200 USDT for new users! Sign up now!

SK Networks will invest KRW 20.000210552 billion in AI developer Upstage via a Series C-2 round.
Cash purchase covers 36,428 shares, lifting its stake to 465,075 shares, or 11.5% on an expected basis.
Transaction is scheduled to close on Nov. 30, 2026.
Board decision date was Oct. 13, 2026.
Investment aims to strengthen AI capabilities, targeting business synergies.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. SK Networks Co. Ltd. published the original content used to generate this news brief via DART, the regulatory disclosure system operated by the South Korea Financial Supervisory Service (FSS) (Ref. ID: 20261013800573), on October 13, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.

Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.

Trade now！

SK Networks invests KRW 20 billion in AI startup Upstage, lifting stake to 11.5%

You may also like

Crypto prices