Upstage beats Amazon, Nvidia to rank first in global AI competition

South Korea’s artificial intelligence startup Upstage on Monday said it ranked first in four categories at the International Association for Pattern Recognition's International Conference on Document Analysis and Recognition (ICDAR) in San Jose, California.

ICDAR is one of the world’s most prestigious expos in optical character recognition (OCR), which detects and recognizes characters on digital images and videos. In four categories including hypertext, Upstage beat out global tech giants such as Amazon, Nvidia, Alibaba and Huawei in receiving the highest scores.

“Upstage’s AI OCR, which is proven to have the world’s best technology, will help digital transformation and AI global innovation in all industries that require document automation,” Upstage CEO Kim Seong-hoon said.

Write to Joo-Wan Kim at kjwan@hankyung.com