{"id":359099,"date":"2026-03-26T12:17:12","date_gmt":"2026-03-26T12:17:12","guid":{"rendered":"https:\/\/www.newsbeep.com\/il\/359099\/"},"modified":"2026-03-26T12:17:12","modified_gmt":"2026-03-26T12:17:12","slug":"south-korea-to-invest-166-million-in-ai-chip-startup-rebellions","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/il\/359099\/","title":{"rendered":"South Korea to invest $166 million in AI chip startup Rebellions"},"content":{"rendered":"\n<p class=\"yf-1fy9kyt\">SEOUL, March 26 (Reuters) &#8211; South Korea&#8217;s industry ministry on Tuesday said the Financial Services Commission&#8217;s \u200cadvisory board approved a 250 billion won ($166 \u200cmillion) investment in a local <a href=\"https:\/\/tech.yahoo.com\/ai\/\" data-ylk=\"slk:artificial intelligence;elm:context_link;itc:0;sec:content-canvas\" data-yga=\"{&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yLinkText&quot;:&quot;artificial intelligence&quot;}\" class=\"link \" rel=\"nofollow noopener\" target=\"_blank\">artificial intelligence<\/a> chip startup called \u200bRebellions, part of a government-backed push to nurture a homegrown advanced semiconductor firm.<\/p>\n<p class=\"yf-1fy9kyt\">Here are some details:<\/p>\n<p class=\"yf-1fy9kyt\">* South Korea&#8217;s Financial Services Commission advisoryboard, which evaluates investments \u200cin advanced strategicindustries, \u2060approved a 250 billion won direct investment intoRebellions, an AI chip startup. * Rebellions, \u2060founded in 2020, designs neural processingunits (NPUs) that handle AI computations. * The decision was made at a fund \u200bmanagement committeemeeting \u200bfor the state-led &#8220;National Growth \u200bFund,&#8221; marking thefirst direct \u200cinvestment under the country&#8217;s &#8220;K-Nvidia&#8221;initiative. * The funding will support Rebellions&#8217; mass production ofNPU chips and the development of next-generation AIsemiconductors, the industry ministry said in a statement. * The &#8220;K-Nvidia&#8221; project, jointly led by the FinancialServices \u200cCommission and the Ministry \u200bof Science and ICT, seeksto \u200bnurture a globally \u200bcompetitive AI chip company amidintensifying competition in \u200cthe sector, which is \u200bdominated byU.S. firms \u200blike <a href=\"https:\/\/finance.yahoo.com\/quote\/NVDA\/\" data-ylk=\"slk:Nvidia;elm:context_link;itc:0;sec:content-canvas\" data-yga=\"{&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yLinkText&quot;:&quot;Nvidia&quot;}\" class=\"link \" rel=\"nofollow noopener\" target=\"_blank\">Nvidia<\/a>. * The move underscores Seoul&#8217;s efforts to strengthen itsposition in the AI supply chain \u200band reduce \u200creliance on foreigntechnology, as demand for high-performance computing \u200bchipssurges.<\/p>\n<p class=\"yf-1fy9kyt\">(Reporting by Heekyong Yang and Cynthia Kim; \u200bEditing by Thomas Derpinghaus)<\/p>\n","protected":false},"excerpt":{"rendered":"SEOUL, March 26 (Reuters) &#8211; South Korea&#8217;s industry ministry on Tuesday said the Financial Services Commission&#8217;s \u200cadvisory board&hellip;\n","protected":false},"author":2,"featured_media":359100,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[20],"tags":[62748,345,343,344,173893,173891,85,46,173892,11471,125],"class_list":["post-359099","post","type-post","status-publish","format-standard","has-post-thumbnail","category-artificial-intelligence","tag-advisory-board","tag-ai","tag-artificial-intelligence","tag-artificialintelligence","tag-direct-investment","tag-financial-services-commission","tag-il","tag-israel","tag-rebellions","tag-south-korea","tag-technology"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/359099","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/comments?post=359099"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/359099\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media\/359100"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media?parent=359099"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/categories?post=359099"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/tags?post=359099"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}