Fabless AI Chip Makers Rebellions and Sapeon to Merge Amid Escalating Competition in Global AI Hardware Market
South Korea’s fabless AI chip industry has experienced a series of fundraising events in recent years due to the increasing demand for hardware to support AI applications. The industry is now showing signs of consolidation, with two major fabless AI chip startups in the country, Rebellions and Sapeon, announcing their decision to merge. This strategic…