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Korean AI Chip Startup DEEPX Partners With Hyundai

Key Takeaways
  • DEEPX partners with Hyundai for AI robots.
  • DEEPX develops low-power AI chips.
  • Hyundai plans to build a robot factory by 2028.
  • DEEPX aims for $40 million in revenue this year.
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Strategic Implications

This partnership may indicate a growing trend in the use of generative AI in robotics, which could suggest significant advancements in the field. The collaboration between DEEPX and Hyundai may also signal a shift towards more efficient and powerful AI computing platforms, which could have implications for the broader tech industry.

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What Happened

DEEPX Expands Partnership For Generative AI Robots

Korean AI chip startup DEEPX is expanding its partnership with Hyundai Motor Group to develop a computing platform for generative AI robots using its second-generation low-power chips. DEEPX, which began producing chips late last year, aims to achieve revenue of $40 million this year and is in talks to raise over $400 million in funding. The company’s partnership with Hyundai is part of a broader effort to build an ecosystem of on-device computing partners in South Korea and overseas, as reported by Reuters.

Source

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JUMPSEAT
AEROSPACE NEWS
JUMPSEAT
AEROSPACE NEWS

Korean AI Chip Startup DEEPX Partners With Hyundai

Sponsored by: Jumpseat Solutions
Key Takeaways
  • DEEPX partners with Hyundai for AI robots.
  • DEEPX develops low-power AI chips.
  • Hyundai plans to build a robot factory by 2028.
  • DEEPX aims for $40 million in revenue this year.
Sign in to view key takeaways Get full access to in-depth analysis and key takeaways.
Sign In
Silver membership required Upgrade to Silver to access Key Takeaways.
Upgrade
Strategic Implications

This partnership may indicate a growing trend in the use of generative AI in robotics, which could suggest significant advancements in the field. The collaboration between DEEPX and Hyundai may also signal a shift towards more efficient and powerful AI computing platforms, which could have implications for the broader tech industry.

Sign in to view strategic implications Get full access to strategic analysis and expert insights.
Sign In
Silver membership required Upgrade to Silver to access Strategic Implications.
Upgrade

What Happened

DEEPX Expands Partnership For Generative AI Robots

Korean AI chip startup DEEPX is expanding its partnership with Hyundai Motor Group to develop a computing platform for generative AI robots using its second-generation low-power chips. DEEPX, which began producing chips late last year, aims to achieve revenue of $40 million this year and is in talks to raise over $400 million in funding. The company’s partnership with Hyundai is part of a broader effort to build an ecosystem of on-device computing partners in South Korea and overseas, as reported by Reuters.

Source

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