Samsung backs AI chip startup Rebellions ahead of IPO
Rebel-QUAD is the second generation product of rebellions and consists of four Rebel AI chips. The rebellions, a South Korean company, want to compete with competitors such as Nvidia in AI Chips.
Rebel
The company’s management told CNBC on Tuesday, the South Korean Artificial Intelligence Chip started starting rebellions from the technology giant Samsung and aims to a funding tour from a public list to $ 200 million.
Last year, the rebellions united with another initiative in South Korea called Sapeon and created a company positioned as one of the country’s promising competitors. Nvidia.
In a statement to CNBC on Tuesday, the rebellions are currently collected money and aims to finance between $ 150 million and $ 200 million.
Sun Samsung’s investment in rebellions last week was part of it, Shin, Shin refused to say how much the technology giant was spilled.
Shin has collected $ 220 million since its establishment in 2020.
The current financing tour continues and Shin said that the rebellions were talking to the existing investors to participate in the capital increase with investors, globally. Rebellions have some major investors, including South Korean Chip Giant SK HynixTelecommunication companies Sk telecom And Korean Telecom and Saudi Arab oil giant Aramco.
The last value of the rebellions was $ 1 billion. Shin said that the current financing tour would force the valuation over $ 1 billion, but refused to give a certain figure.
The rebellions aim at the first public offering after this funding round is closed.
“Our Master Plan is opening to the public, Shin Shin said.
Rebellions design chips focusing on AI inference rather than training. Inference is when a previously trained AI model interprets live data to find a result, such as the answers produced by popular chatbots.
With the support of large South Korean firms and investors, Rebellers hopes to make a global game to challenge Nvidia And AMD In addition to other initiatives in the field of inference.
Samsung Cooperation
The rebellions are working with Samsung to bring Rebel to the market. Samsung has a chip production business, also known as Foundry. Four rebels were brought together to make Rebel-Quad, the product that the rebellions will sell at the end of the rebellions. A rebellion spokesman said the chip will be released this year.
Finance will partially go to the product development of rebellions. The rebellions are currently testing the chip to be produced by Samsung on a larger scale.
“The first results are very promising.” He said.
The park said that Samsung has invested in rebellions due to the good results of the chip.
Samsung produces semiconductors of rebellions using the 4 nanometers, which are among the leading fragmentation nodes. For comparison, Nvidia’s current Blackwell chips use 4 nanometers. Taiwan SemiLetken Production Inc. The rebellions will also use Samsung’s high bandwidth memory known as HBM3E. Such memory is stacked and required to process large data processing loads.
This may be a strategic gain for Samsung, a very distant second of the TSMC in terms of market share in Foundry business. Samsung is trying to increase the disintegration part. Samsung Electronics recently signed a $ 16.5 billion contract to supply a semiconductor to Tesla.
If the rebellions manage to find a large customer base, Samsung can give a large customer for the documentation work.
