Update: Market Chatter: AMD-Backed AI Startup Upstage Weighs Pre-Listing Funding

12:54 PM EDT, 09/11/2026 (MT Newswires) -- (Updates with Upstage declines to comment in last paragraph.) Advanced Micro Devices-backed (AMD) South Korean AI startup Upstage is considering a pre-listing funding round as one of its capital-market options, Bloomberg reported, citing co-founder and Chief Technology Officer Hwalsuk Lee. The company closed a 560 billion won ($416 million) Series C financing this year, bringing its funding to date to 730 billion won, the report said. Upstage declined to comment to MT Newswires. (Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.) Price: 512.21, Change: +8.61, Percent Change: +1.71