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Rebellions, a South Korean AI chip startup, revealed on Monday that it has raised $400 million.
Rebellions raised $400 million, reaching a $2.34 billion valuation ahead of a planned IPO.
KEY POINTS
- The funding round was led by Mirae Asset Financial Group and Korea National Growth Fund.
- Rebellions specializes in AI inference chips, focusing on efficient operation of AI applications.
- The startup is a key participant in South Korea's 'K-Nvidia' initiative to boost local AI chip design.
- Major investors in Rebellions include Samsung, SK Hynix, and Saudi Aramco.
COMPANIES
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