Rebellions, a South Korean AI chip startup, has secured $124 million in a Series B funding round, with strategic investors such as KT, Temasek’s Pavilion Capital, Korea Development Bank, Korelya Capital, and DG Daiwa Ventures participating. The funding will be used to develop its third AI chip, Rebel, and to ramp up production of its data center-focused chip, Atom, as well as for hiring. The company’s collaboration with Samsung to co-develop its latest Rebel chip, targeting large language models and hyperscalers, marks a significant milestone in its efforts to innovate within the competitive AI chip market.
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Rebellions lands $124M to develop its new AI Rebel chip with Samsung
Key Points:
- Rebellions, a South Korean AI chip startup, has raised $124 million in a Series B funding round, led by KT, to further develop its AI chips and accelerate production.
- The company is partnering with Samsung to co-develop its latest AI chip, Rebel, which will target large language models and hyperscalers, utilizing Samsung’s advanced memory chip technology.
- Rebellions’ focus on developing versatile AI chips, such as Atom for data centers and Rebel for large language models, highlights its efforts to meet evolving industry demands and carve a niche in the competitive AI chip market.
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