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South Korean AI chip startup Rebellions has successfully raised $400 million in its latest funding round, leading to a valuation of approximately $2.34 billion. The company is now focusing on expanding its presence in the United States and ramping up the production of its Rebel100 platform. This substantial funding round paves the way for Rebellions towards a potential future initial public offering (IPO), showcasing the growing confidence in the startup’s technological advancements.
Source: Tech-Economic Times