Nvidia and Korea’s Rebellions reportedly hold partnership talks

Nvidia and South Korean chipmaker Rebellions are reportedly engaged in talks that could lead to a partnership, investment or acquisition, according to Bloomberg News. The potential deal is still in the early stages, and sources told the publication that a final agreement is not guaranteed. Nvidia CEO Jensen Huang and Rebellions co-founder and CEO Sunghyun Park reportedly met in person to discuss the possibility of a collaboration.

This comes a year after Rebellions' CFO Sungkyue Shin announced that the company's "master plan" was to go public. In March, Rebellions raised $400 million in a funding round, pushing its valuation to approximately $2.3 billion. The startup, founded in 2020, is known for chips that focus on AI inferencing, as opposed to training.

In 2024, Rebellions merged with SK Telecom's AI chip startup Sapeon, with the aim of competing against global AI giants like Nvidia. Nvidia has invested $63 billion into other companies over recent years, seeking to maintain its central role in the AI boom. Recent investments include Groq, a US AI company, and Atomic Canyon.