Posted 2/5/2024, 4:30:07 AM
South Korean AI Chip Startup Rebellions Raises $124M to Take on Nvidia with Samsung Partnership
- Rebellions raised $124M in Series B funding, becoming the best-funded AI semiconductor startup in South Korea
- The company is developing a next-gen AI chip called Rebel that it claims will be half the price of Nvidia's offerings
- Rebellions is partnering with Samsung to co-develop the chip and leverage its manufacturing capabilities
- The startup aims to compete with Nvidia, which has over 90% market share currently
- Rebellions combines AI talent from the U.S. with hardware expertise in South Korea