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Stock impact report

Arm Joins $250 Million Funding Round Of Korean AI Chip Startup Rebellions [Forbes]

SK Telecom Co., Ltd. (SKM) 
Company Research Source: Forbes
Rebellions, a South Korean semiconductor startup, raised $250 million at a valuation of $1.4 billion to help build its latest AI chip offering, called the Rebel-Quad. Arm, the chip designer backed by Japanese billionaire Masayoshi Son 's SoftBank, invested in Rebellions for the first time. It's also Arm's first investment in an Asian startup. Samsung Ventures, Pegatron VC, Korea Development Bank, Korelya Capital and Lion X Ventures, a Southeast Asian venture capital firm backed by Singapore's OCBC Bank, also participated in the Series C fundraising round, Rebellions said in an announcement Tuesday. “This investment will accelerate Rebel-Quad mass production and fuel the company's expanded chiplet-based product roadmap designed to deliver energy-efficient yet powerful inference infrastructure for the world's most demanding AI models,” Rebellions said in the statement Rebellions' earlier investors include the venture arms of South Korean billionaire Kim Beom-su 's internet gian Show less Read more
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