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AI & Enterprise

Motif to step up AI model API business, target global coding market

Motif Technologies plans to launch a global application programming interface business based on a next-generation model due to be released next year. The company aims to monetise in overseas coding and AI agent markets, where use of open-weight models is more active. Motif has begun developing its next AI model, Motif 4, and plans to release it as an open-weight model in the first quarter of next year. It expects model performance and token costs to determine profitability.

AI & Enterprise

Upstage says Nvidia to join its Series C second-round funding

South Korean AI model developer Upstage said on Nov. 9 that Nvidia plans to invest in its ongoing Series C second-round funding, without disclosing the amount. The company said the move would add Nvidia to its investor roster after Amazon and AMD. Upstage completed a 180 billion won Series C first round in April after being valued at more than 1 trillion won, and plans to use proceeds to advance its in-house models, hire talent and expand overseas.