SKM Sep 2024 12.500 call
- Reuters
South Korean AI chip developers Rebellions and Sapeon to merge
South Korean AI chip developers Rebellions Inc and Sapeon Korea Inc are pursuing a merger, Sapeon parent SK Telecom Co said on Wednesday, in the latest attempt in South Korea to challenge global AI chip leader Nvidia as a boom in artificial intelligence continues. The consolidation is aimed at winning the global AI semiconductor market within the next two to three years, a window of time South Korea must not miss as AI competition intensifies across the world, SK Telecom said in a statement. The merged company will seek to gain a strong position in neural processing units (NPUs) used in AI, with Rebellions responsible for management of the merged entity.
- Bloomberg
SK’s AI Chip Startup Sapeon Agrees to Merge With Rebellions
(Bloomberg) -- SK Telecom Co.’s artificial-intelligence chip startup unit Sapeon Korea Inc. and rival Rebellions Inc. have agreed to combine their businesses, joining forces in a bid to compete globally and capitalize on booming demand for AI services. Most Read from BloombergHunter Biden Convicted of Gun Charges by Jury in DelawareEU to Slap Tariffs of Up to 48% on EV Imports From ChinaDozens of CVS Generic Drug Recalls Expose Link to Tainted FactoriesApple Hits Record After Introducing ‘AI for
- PR Newswire
SKT Launches AI-powered Veterinary Diagnostic Assistance Service X Caliber in Australia
SK Telecom (NYSE:SKM, "SKT") today announced that it officially launched its AI-based veterinary X-ray image diagnosis assistance service 'X Caliber' in Australia.
