South Korean AI chip developers Rebellions and Sapeon to merge

SEOUL (Reuters) – South Korean AI chip developers Rebellions Inc and Sapeon Korea Inc are considering a merger, Sapeon parent SK Telecom Co said on Wednesday, in South Korea’s latest attempt to challenge global AI chip leader Nvidia as artificial intelligence booms. keep on going.

The consolidation aims to capture the global AI semiconductor market over the next two to three years, a window of time that South Korea must not miss as AI competition heats up in across the world, SK Telecom said in a statement.

The combined company will seek to gain a strong position in neural processing units (NPUs) used in AI, with Rebellions responsible for managing the merged entity.

AI chip startup Rebellions’ ATOM chip, launched last year, was the first NPU developed in South Korea to be used in a data center for a large language model (LLM) and entered production from mass this year. Sapeon unveiled its next-generation X330 AI chip in November last year.

Considering the rapid penetration of AI into various applications, the merger is expected to be signed in the third quarter of this year and the combined company launched by the end of the year, SK Telecom said.

(Reporting by Joyce Lee; Editing by Jason Neely)

Read Complete News ➤

Leave a Reply

Your email address will not be published. Required fields are marked *

three × 1 =