South Korean AI chip startup Rebellions said it has received financing from Samsung and plans to go public after this round of financing.

The management of South Korean artificial intelligence chip startup Rebellions revealed on Tuesday that the company has received an investment from tech giant Samsung and is currently planning to complete a financing round of up to $200 million before going public. Rebellions' latest valuation is $1 billion. Chief Financial Officer Shin said that this financing round will push its valuation above $1 billion but declined to provide a specific figure. Rebellions plans to conduct an IPO after this financing round ends. (Sina Finance)