Rebellions is partnering with Samsung Electronics to develop the Rebel chip, which will target the generative AI market. The chip will be deployed in Samsung's advanced memory chip technology HBM3E and is expected to start mass production in 2025. Rebellions' previous chip, Atom, is expected to generate revenue in the second half of this year, while its first AI chip, Ion, is currently undergoing qualification testing in the U.S.
Key takeaways:
- South Korean AI chip startup, Rebellions, has raised $124 million in a Series B funding round to develop its third AI chip, Rebel, and to increase production of its data center-focused chip, Atom.
- The startup is now valued at approximately $658 million post-money, bringing the total raised to around $210 million since its inception in 2020.
- Rebellions is partnering with Samsung Electronics to develop the Rebel chip, which will use Samsung's 4-nanometer fabrication process and advanced memory chip technology HBM3E.
- The company's first AI chip, Ion, is currently undergoing qualification testing in the U.S., while its second chip, Atom, is expected to generate revenues in the second half of this year.