Nvidia has poured more than $63bn in investments into other companies.
Nvidia and South Korean chipmaker Rebellions are in talks for a partnership that could result in an investment or an acquisition, Bloomberg News has reported. Talks are in early stages and may not result in a deal, sources told the publication.
According to the publication, Nvidia CEO Jensen Huang and Rebellions co-founder and CEO Sunghyun Park met in person to discuss a potential deal. This comes a year after the company’s chief financial officer Sungkyue Shin said that Rebellions’ “master plan” was to go public.
It raised more $400m in a funding round in March, taking it to a valuation of around $2.3bn. Rebellions, at the time, said it is prepping to go public, but did not share details.
Founded in 2020, Rebellions is an Nvidia competitor best known for chips that focus on AI inferencing, as opposed to training. As IBM puts it, AI inference is the ability of trained AI models to recognise patterns and draw conclusions from data it hasn’t seen before.
