Reported about 2 months ago
South Korean AI chip manufacturers Rebellions Inc and Sapeon Korea Inc have officially agreed to merge, following prior negotiations that began in June. This move aims to enhance their competitiveness against global leaders in AI chips, including Nvidia. Notably, Sapeon's investors include major firms like SK Telecom and SK Hynix, while Rebellions recently secured $15 million from Wa'ed Ventures, bringing its total funding to over $225 million.
Source: YAHOO