Samsung backs South Korean AI chip startup Rebellions ahead of IPO

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The Rebel-Quad is the second-generation merchandise from Rebellions and is made up of 4 Rebel AI chips. Rebellions, a South Korean firm, is looking to rival companies similar Nvidia successful AI chips.

Rebellions

South Korean artificial quality spot startup Rebellions has raised wealth from tech elephantine Samsung and is targeting a backing circular of up to $200 cardinal up of a nationalist listing, the company's absorption told CNBC connected Tuesday.

Last year, Rebellions merged with different startup successful South Korea called Sapeon, creating a steadfast that is being positioned arsenic 1 of the country's promising rivals to Nvidia.

Rebellions is presently raising wealth and is targeting backing of betwixt $150 cardinal and $200 million, Sungkyue Shin, main fiscal serviceman of the startup, told CNBC connected Tuesday.

Samsung's concern successful Rebellions past week was portion of that, Shin said, though helium declined to accidental however overmuch the tech elephantine poured in.

Since its founding successful 2020, Rebellions has raised $220 million, Shin added.

The existent backing circular is ongoing and Shin said Rebellions is talking to its existent investors arsenic good arsenic investors successful Korea and globally to enactment successful the superior raise. Rebellions has immoderate large investors, including South Korean spot elephantine SK Hynix, telecommunication firms SK Telecom and Korea Telecom, and Saudi Arabian lipid elephantine Aramco.

AI spot   startup Rebellions looks to rise  up   to $200 cardinal  up  of IPO

Rebellions was past valued astatine $1 billion. Shin said the existent circular of backing would propulsion the valuation implicit $1 cardinal but declined to springiness circumstantial figure.

Rebellions is aiming for an archetypal nationalist offering erstwhile this backing circular has closed.

"Our maestro program is going public," Shin said.

Rebellions designs chips that are focused connected AI inferencing alternatively than training. Inferencing is erstwhile a pre-trained AI exemplary interprets unrecorded information to travel up with a result, overmuch similar the answers that are produced by fashionable chatbots.

With the backing of large South Korean firms and investors, Rebellions is hoping to marque a planetary play wherever it volition look to situation Nvidia and AMD arsenic good arsenic a slew of different startups successful the inferencing space.

Samsung collaboration

Rebellions has been moving with Samsung to bring its second-generation chip, Rebel, to market. Samsung owns a spot manufacturing business, besides known arsenic foundry. Four Rebel chips are enactment unneurotic to marque the Rebel-Quad, the merchandise that Rebellions volition yet sell. A Rebellions spokesperson said the spot volition beryllium launched aboriginal this year.

The backing volition partially spell toward Rebellions' merchandise development. Rebellions is presently investigating its spot which volition yet beryllium produced connected a larger standard by Samsung.

"Initial results person been precise promising," Sunghyun Park, CEO of Rebellions, told CNBC connected Tuesday.

South Korean AI startup Rebellions says tariffs could hold  IPO by 'a small  bit'

Park said Samsung invested successful Rebellions partially due to the fact that of the the bully results that the spot has truthful acold produced.

Samsung is manufacturing Rebellions' semiconductor utilizing its 4 nanometer process, which is among the leading-edge chipmaking nodes. For comparison, Nvidia's existent Blackwell chips usage the 4 nanometer process from Taiwan Semiconductor Manufacturing Co. Rebellions volition besides usage precocious bandwidth representation (HBM) successful its chips. This benignant of representation is stacked and is required to grip ample information processing loads. Rebellions has not chosen an HBM vendor.

That could crook retired to beryllium a strategical triumph for Samsung, which is simply a precise distant 2nd to TSMC successful presumption of marketplace stock successful the foundry business. Samsung has been looking to boost its chipmaking division. Samsung Electronics precocious entered into a $16.5 cardinal contract for supplying semiconductors to Tesla.

If Rebellions manages to find a ample lawsuit base, this could springiness Samsung a large lawsuit for its foundry business.

Correction: This communicative was updated to bespeak that Rebellions has not chosen an HBM vendor.

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