From an analytical perspective, In this SNHZ your favorite stocksCREATE FREE ACCOUNTThe Rebel-Quad is the second-generation duct from Rebellions and is made up of four Rebel AI chips.
Rebellions, a South Korean firm, is looking to rival companies Nvidia in AI chips.
RebellionsSouth Korean artificial intelligence chip startup Rebellions has raised money from giant Samsung and is targeting a funding round of up to $200 million ahead of a public listing, the company's management told CNBC on Tuesday.
Last year, Rebellions merged with another startup in South Korea called Sapeon, creating a firm that is being positioned as one of the country's mising rivals to Nvidia, in light of current trends.
Rebellions is currently raising money and is targeting funding of between $150 million and $200 million, Sungkyue Shin, chief financial officer of the startup, told CNBC on Tuesday.
Moreover, Samsung's investment in Rebellions last week was part of that, Shin said, though he declined to say how much the giant poured in.
Nevertheless, Since its founding in 2020, Rebellions has raised $220 million, Shin added.
The evidence shows current funding round is and Shin said Rebellions is talking to its current investors as well as investors in Korea and globally to participate in the capital raise.
Moreover, Rebellions has some big investors, including South Korean chip giant SK Hynix, telecommunication firms SK Telecom and Korea Telecom, and Saudi Arabian oil giant Aramco.
Furthermore, Rebellions was last valued at $1 billion.
Shin said the current round of funding would push the valuation over $1 billion but declined to give specific figure (an important development), in this volatile climate.
Moreover, Rebellions is aiming for an initial public offering once this funding round has closed, in today's market environment. "Our master plan is going public," Shin said.
Watch now1:4701:47South Korean AI startup Rebellions says tariffs could delay IPOSquawk Box AsiaRebellions designs chips that are focused on AI inferencing rather than training.
Additionally, Inferencing is when a pre-trained AI model interprets data to come up with a result, much the answers that are duced by chatbots (noteworthy indeed).
Nevertheless, With the backing of major South Korean firms and investors, Rebellions is hoping to make a global play where it will look to challenge Nvidia and AMD as well as a slew of other startups in the inferencing space.
Samsung collaborationRebellions has been working with Samsung to bring its second-generation chip, Rebel, to market, in light of current trends.
Samsung owns a chip manufacturing, also known as foundry (fascinating analysis). Four Rebel chips are put together to make the Rebel-Quad, the duct that Rebellions will eventually sell.
Moreover, A Rebellions spokesperson said the chip will be launched later this year. The funding will partly go toward Rebellions' duct development.
Rebellions is currently testing its chip which will eventually be duced on a larger scale by Samsung, in today's financial world.
"Initial results have been very mising," Sunghyun Park, CEO of Rebellions, told CNBC on Tuesday.
Park said Samsung invested in Rebellions partly because of the the good results that the chip has so far duced, considering recent developments.
Samsung is manufacturing Rebellions' semiconductor using its 4 nanometer cess, which is among the leading-edge chipmaking nodes.
For comparison, Nvidia's current Blackwell chips use the 4 nanometer cess from Taiwan Semiconductor Manufacturing Co.
On the other hand, Rebellions will also use Samsung's high bandwidth memory, known as HBM3e.
This type of memory is stacked and is required to handle large data cessing loads (which is quite significant).
However, That could turn out to be a strategic win for Samsung, which is a very distant second to TSMC in terms of market in the foundry. Samsung has been looking to boost its chipmaking division.
Samsung Electronics recently entered into a $16. Meanwhile, 5 billion contract for supplying semiconductors to Tesla.
If Rebellions manages to find a large customer base, this could give Samsung a major customer for its foundry (something worth watching).