South Korean AI chip startup Rebellions has announced the completion of a $124 million Series B funding round, intended to advance the development of its next-generation AI chip, Rebel, and enhance the production of data center chips, Atom. The company aims to challenge NVIDIA and become "South Korea's NVIDIA," with plans to commence mass production of the Rebel chip in 2025. The round was led by South Korean telecommunications giant, bringing the total funding to $210 million and valuing the company at over $650 million.
Korean AI Chip Startup Rebellions Completes $124 Million Series B Financing, Challenging NVIDIA

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