South Korean startup Rebellions, Inc. launches an artificial intelligence (AI) chip on Monday, racing to win government contracts as Seoul seeks a place for local companies in the exploding AI industry.
A MAN walks along a nearly empty street in Seoul, South Korea, July 12. — REUTERS
AI is the talk of the tech world, as ChatGPT – a chatbot from Microsoft-backed OpenAI that generates articles, essays, jokes and even poetry – has become the fastest-growing consumer app in history just two months after launch, according to UBS. “It’s hard to catch up to Nvidia, which is so far ahead in general-purpose AI chips,” said Kim Yang-Paeng, senior researcher at the Korea Institute for Industrial Economics and Trade. “But it’s not set in stone because AI chips can carry out different functions and there aren’t set boundaries or metrics.”
While countries such as Taiwan, China, France, Germany and the United States have extensive plans to support their semiconductor companies, the South Korean government is rare in singling out AI chips for a concentrated push. Without such support, he said, data centres and their customers would likely stick with Nvidia chips.FuriosaAI, backed by South Korea’s top search engine Naver Corp. and state-run Korea Development Bank, told Reuters it will also bid.
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