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Story summary
- South Korean AI chip startup Rebellions has raised $400 million in a pre-IPO funding round led by Mirae Asset Financial Group, bringing total funding to $850 million and valuing the company at $2.34 billion.
- The funding supports Rebellions' focus on inference, a key capability for efficiently running AI models in production.
- The company aims to challenge United States semiconductor giants by developing Neural Processing Units for deep learning.
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