Rebellions plans to expand its business areas and pursue international markets in collaboration with strategic investors, including SK Telecom and SK Group’s chipmaking unit SK hynix. The company aims to achieve results in overseas markets such as the US, Saudi Arabia, and Japan by working with SK Telecom on global expansion in the AI data center sector. The merger unites top-tier talent from both companies to boost efficiency and speed in achieving an ambitious technology roadmap. Rebellions will focus on organizational integration through a post-merger integration process over the next three months.
Key takeaways:
- Artificial intelligence startup Rebellions has completed a merger with Sapeon Korea, SK Telecom’s AI chip subsidiary, forming Korea’s first AI chip unicorn under the unified name Rebellions.
- The merged entity is valued at around 1.3 trillion won ($929 million), qualifying it as a unicorn, a start-up valued at more than a trillion won.
- Rebellions plans to expand its business areas and pursue international markets in collaboration with strategic investors, including SK Telecom and SK Group’s chipmaking unit SK hynix.
- Rebellions intends to leverage the chiplet technology applied to its next-generation AI chip, Rebel, to meet AI demand proactively and strengthen its leadership in the ecosystem of PyTorch, a leading open-source machine learning library.