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Tags: AI chip

AI Chip Startup Rebellions Raises $400 Million at $2.3B Valuation Ahead of IPO

AI Chip Startup Rebellions Raises $400 Million at $2.3B Valuation Ahead of IPO
South Korean fabless AI chip startup Rebellions announced a $400 million funding round led by Mirae Asset Financial Group and the Korea National Growth Fund. The infusion brings the company’s valuation to roughly $2.34 billion as it prepares for an IPO later this year. Rebellions also unveiled two new AI‑inference infrastructure products, RebelRack and RebelPOD, and highlighted its rapid global expansion into the United States, Japan, Saudi Arabia, and Taiwan. The move positions the firm among a new wave of chip makers challenging established players such as NVIDIA. Weiterlesen

Groq Secures $750 Million Funding Round Valuing Company at $6.9 Billion

Groq Secures $750 Million Funding Round Valuing Company at $6.9 Billion
AI chip startup Groq announced a $750 million financing that lifts its post‑money valuation to $6.9 billion. The round, led by Disruptive with participation from BlackRock, Neuberger Berman, Deutsche Telekom Capital Partners and existing backers such as Samsung, Cisco and Altimeter, more than doubles the company’s valuation from a year ago. Groq’s LPUs – marketed as inference engines – are positioned as a non‑GPU alternative for AI workloads, and the firm now claims to power the AI applications of over two million developers. Weiterlesen