Samsung Backs AI Chip Startup Rebellions ahead of IPO

Rebellion-Quad is a second-generation product of the uprisings and consists of four AI Rebel chips. The South Korean uprising firm is looking for competitive companies such as Nvidia, in AI chips.

Uprisings

South Korean Artificial Intelligence Chip Startup Rebeltions raised money from the Samsung technology giant and is aimed at financing up to $ 200 million ahead of the public list, the company management said on Tuesday.

Last year the uprisings united with another startup in South Korea called SepenCreate a firm that is located as one of the country’s promising rivals Nvidia.

Currently, uprisings are raising money and focuses on financing from $ 150 to $ 200 million, SUNGKYE SHIN, CEO of the startup said on Tuesday.

Tire said Samsung’s investment in the uprising was part of this, though he refused to say how technological giant poured.

Since its founding in 2020, the uprisings have raised $ 220 million, Tires added.

The current round of funding continues, and Tires said the uprisings are talking to their current investors, as well as investors in Korea and worldwide to participate in the capital. The uprisings have some great investors, including the South Korean giant SK HYNIXtelecommunications firms SK Telecom Both Korea telecommunications, and Saudi Arabian oil giant Aramk.

The uprising was last estimated at $ 1 billion. Tire said the current round of funding will push more than $ 1 billion, but refused to give a certain figure.

The uprisings are aimed at the initial public proposal when this round of funding closes.

“Our general plan goes to the public,” Shin said.

South Korean uprisings with AI startup says that tariffs can delay IPO

The uprisings are developing chips focused on exporting II, not training. The exception is when the pre -prepared AI model interprets live data to come up with the result, as well as the answers produced by popular chats.

With the support of large South Korean firms and investors, uprisings hope to make a global game where it will look to challenge Nvidia and Amd As well as a number of other startups in prey areas.

Cooperation Samsung

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