Korean Ai Chip Startup Deepx Hyundai Work Robots Powered Generative Ai
Source: AsiaOne
Published on: 2026-04-15 08:09
SEOUL -- South Korean AI chip startup DEEPX will expand its partnership with Hyundai Motor Group to develop a computing platform for generative AI robots using its second generation of low-power chips, its top executive said, as it gets set for an IPO. DEEPX is in talks with the government and investors to raise more than 600 billion won (S$517 million) in an ongoing funding round, in the run-up to a potential IPO in South Korea, DEEPX CEO Lokwon Kim said. The company, which began producing chips late last year, is one of a number of South Korean startups riding on Seoul's ambitions to nurture artificial intelligence champions and make the country an AI leader. Founded by Kim, a former Apple engineer, DEEPX develops neural processing units (NPUs) which allow robots, factories and self-driving cars to handle AI tasks on-device, meaning without external connectivity. It has already dev...
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