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AI chip startup DEEPX secures $80M Series C at a $529M valuation

DEEPX, a South Korean on-device AI chip startup, raises $80M in Series C funding at a valuation of $529M. The funding will be used for mass production and developing next-generation large language model solutions. DEEPX differentiates itself through cost efficiency, energy consumption efficiency, and All-in-4 AI Total Solution. The company has over 259 patents pending in the U.S., China, and South Korea.

    #hardware#startup
May 09, 2024•3m read time•From techcrunch.com
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