Tech

Nvidia and Korea’s Rebellions reportedly hold partnership talks

Published

on

Nvidia has poured more than $63bn in investments into other companies.

Nvidia and South Korean chipmaker Rebellions are in talks for a partnership that could result in an investment or an acquisition, Bloomberg News has reported. Talks are in early stages and may not result in a deal, sources told the publication.

According to the publication, Nvidia CEO Jensen Huang and Rebellions co-founder and CEO Sunghyun Park met in person to discuss a potential deal. This comes a year after the company’s chief financial officer Sungkyue Shin said that Rebellions’ “master plan” was to go public.

It raised $400m in a funding round in March, taking it to a valuation of around $2.3bn. Rebellions, at the time, said it is prepping to go public, but did not share details.

Advertisement

Founded in 2020, Rebellions is an Nvidia competitor best known for chips that focus on AI inferencing, as opposed to training. As IBM puts it, AI inference is the ability of trained AI models to recognise patterns and draw conclusions from data it hasn’t seen before.

In 2024, the start-up merged with SK Telecom’s AI chip start-up Sapeon. The idea was that they would together take on global AI giants such as Nvidia.

Nvidia has poured money into dozens of companies over recent years, including frontier developers and infrastructure providers, all in a bid to continue keeping itself central to the AI boom.

In 2025, the company signed US AI company Groq in a licensing deal that saw much of its talent hired away by the chipmaking giant. The start-up announced its first European data centre in Helsinki last year and announced a new $350m funding round earlier this month – though its valuation dropped by nearly half.

Advertisement

Meanwhile, in recent days, the $5.2trn Nvidia has agreed to pay Poolside AI $6bn to license its models and poured an undisclosed amount into Atomic Canyon. Its $63bn investment portfolio, however, majorly consists of Intel and SpaceX, which together amount to more than $50bn.

Don’t miss out on the knowledge you need to succeed. Sign up for the Daily Brief, Silicon Republic’s digest of need-to-know sci-tech news.

Source link

Advertisement

You must be logged in to post a comment Login

Leave a Reply

Cancel reply

Trending

Exit mobile version