Why upstage is the most notable ai company in ocr/recommendation/search fields
2022/10/14
⏱ 3mins
Upstage was able to attract 31.6 billion won in investment in the Series A round in its first year of establishment thanks to its outstanding “technology” . Upstage's unrivaled AI experts and technology, which are recognized for their value as a leading AI company, will be introduced to you.
Professionals from global big tech companies
One of the reasons Upstage received the most attention from AI startups is that AI and IT experts who worked at global big tech companies joined Upstage. In addition to CEO Kim Seong-hoon, CTO Lee Hal-seok, and CSO Park Eun-jung, who used to lead the AI team at Naver , talented people who worked at Bloomberg, Meta, Amazon, Nvidia, eBay, Google, Apple, and Kakao joined Upstage and became a solid organization.
Global experts in AI research engineering and software engineering in the fields of document recognition (OCR), recommendation systems, and product search have gathered in Upstage's development team to create ' Document AI ' and Upstage 'SOLAR' LLM . The story of Upstage's outstanding development personnel was also featured in the media . You can find more detailed information in the article below.
Upstage , founded by three Naver 'star developers', joins talent from Google, Facebook, and Amazon one after another (22.01.04)
"Believing in the future potential, I decided to go to a Korean startup in the US Big Tech" (22.01.06)
[Reporters who know little] Upstage, a Korean startup where a Facebook engineer moved (22.01.10)
Technology recognized by academic conferences and thesis
Upstage's technological prowess, where solid experts in each field have gathered, has been recognized by global top-tier societies . Top-tier Conference literally means the best academic conference, and it is known that the acceptance rate is very low. The following is a list of prestigious academic societies in each field based on Google scholar ranking.
Natural language processing fields: ACL , EMNLP , NAACL , COLING , EACL , LREC
AI and Machine Learning (ML) disciplines: ICML , ICLR , AAAI , NIPS
Speech Recognition Field: Interspeech , ICASSP
Publishing papers at these conferences is an indicator that can prove a company's technological prowess, so many tech companies advertise their technological prowess and research results through papers. Upstage has published more than 50 papers at conferences such as ACL, EMNLP, WWW, AAAI, and NeurIPS from 2020 to the present. 11 cases in the NLP field, 6 cases in the OCR field, and 2 recommended papers were included, providing a glimpse of the technological prowess in OCR, search, and recommendation fields. In particular, when looking at the thesis citation performance, the world's most prestigious AI conferences showed double-digit (17 cases) OCR thesis submissions and 1,000 thesis citations (1,014) (as of 22/08), indicating that Upstage 's technological prowess is being recognized worldwide. I could tell.
In addition, at HCLT (Hangul and Korean) 2022 , the largest natural language processing conference in Korea, a total of 13 papers based on various topics such as NLP Modeling, Data Management, Seargest, and Language Model were passed. . In July, two papers were published at the world's most prestigious computer vision conference "ECCV 2022", drawing attention from the industry. ECCV is considered one of the world's most prestigious artificial intelligence conferences along with the International Conference on Expression Learning (ICLR) and the International Conference on Computer Vision and Pattern Recognition (CVPR). In addition, the ECCV conference, which is held every two years, is even more meaningful as it is known as a top-tier conference with an acceptance rate of less than 30% .
Two papers published by Upstage are a study on the optical character recognition (OCR) character recognition model and a learning strategy that is the basis of machine learning . In this paper, when AI recognizes photo data, it is designed so that visual and linguistic elements interact with each other to improve performance, and a technology that can obtain good performance when using it in various fields such as various types of documents is presented. It will play a significant role in improving OCR performance.
With this, Upstage has set a record of publishing papers at international AI conferences such as ECCV 2022, NeurlPS, ICLR, CVPR, and WWW. In addition, in the '2021 Global AI Top Tier Conference Papers' survey conducted by 'Imperial College London' in the UK in May, Upstage was the only startup to rank in the top 5 in Korea after Samsung, Naver, Kakao, and LG. It has once again proved that it is an AI specialized company that corporate customers can trust and use in the field.
The first domestic company to win a double-digit Kaggle gold medal
Upstage appeared at the top when you search for “ Kaggle Gold Medal” in a search engine. Kaggle is a data expert community owned by Google and the world's most famous online artificial intelligence (AI) contest platform with 11 million participants from 200 countries. .
Upstage, Grandmaster Yunsu Kim won the first gold medal this year , placing 2nd overall in the 'Optiver Realized Volatility Prediction' Kaggle Competition hosted by Optiver, a global financial company, in January. Starting with this, in March, he won the 8th place in the 'Feedback Prize - Evaluating Student Writing' Kaggle contest held at Georgia State University, winning the second gold medal this year , and the 10th gold medal after a year and a half since founding. achieved the splendor of In April, we also placed 12th in the 'Happywhale - Whale and Dolphin Identification', securing a total of three gold medals this year.
Thanks to these performances, Upstage was able to set a record of winning the Kaggle double-digit gold medal for the first time in a domestic company . Kaggle's double-digit gold medal means that it has the same skills as global leading AI companies in solving real business problems.
Upstage does not stop at academic research, but utilizes technology as a major basis for creating the highest-performing service, and strives to enable enterprise customers to utilize the highest-performing AI with no code. Together with solid technical experts in each field, Upstage runs for the Making AI Beneficial of corporate customers today!