Nvidia Corp. is holding preliminary talks with South Korean AI chip startup Rebellions Inc. regarding a potential transaction. These early-stage discussions may involve a technical partnership, direct investment, or full acquisition.
Nvidia CEO Jensen Huang met Rebellions CEO Sunghyun Park at Nvidia’s California headquarters this week. Sources familiar with the matter state the talks remain preliminary and may not result in a final agreement.
Rebellions specializes in developing neural processing units for data centers. The startup has raised approximately $850 million from investors. Its most recent valuation reached about $2.3 billion.